Inside CVS and Walgreens' downturn: How misguided M&A damaged America's drugstores

By Yahoo! Finance | Oct 24, 2024 at 09:45 AM EST

CVS Health CEO Karen Lynch was removed from her role due to the company's poor financial performance and weak profit forecast. CVS, Walgreens, and Rite Aid have struggled with M&A deals, leading to underinvestment in stores and declining retail sales.

Did you find this insightful?

Bad

Just Okay

Amazing

We are preparing, please wait

New Alert

Select an alert type

Sentiment Spike

Send email alert if news sentiment changes significantly

Mentions Spike

Send email alert if has a surge in mentions

Choose sentiment spike or mentions spike or both to receive email alerts and app notification for the selected stock.
Note: Please be aware that you will receive an email only once a day, around 8:00 AM (EST), in the event of any spike.
In future if you don't want to receive any email then delete stocks added into alert section.