Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Walgreens records $5.8B impairment charge for VillageMD clinic value drop in Q2.

flag Walgreens reports $6B loss in Q2 due to VillageMD clinic value drop. flag Excluding this charge, the company's results beat Wall Street expectations. flag Walgreens spent over $5B to acquire a majority stake in VillageMD in 2018, intending to expand its healthcare services. flag The company recorded a $5.8B after-tax impairment charge for VillageMD in the most recent quarter as it adjusted the asset's value, reflecting the struggling healthcare business.

13 months ago
21 Articles

Further Reading