Walgreens CEO: ‘Turnaround Will Take Time'
Walgreens Boots Alliance(WBA) PYMNTS.com·2025-01-11 02:46
For Walgreens Boots Alliance CEO Tim Wentworth, the company’s turnaround process is not a sprint but a marathon.“We still have substantial work to do here,” he told analysts during the company’s first-quarter earnings call Friday (Jan. 10). “While our turnaround will take time, our early progress reinforces our belief in a sustainable, retail pharmacy-led operating model. Our focus is on our balance sheet. Sustained operating cash flows are front and center, and it’s a multiyear process to consistently and ...