Walgreens Boots Alliance faces declining operating cash flow, necessitating dividend cuts and asset sales.

Walgreens Boots Alliance (WBA) faces cash flow issues, with operating cash flow declining over the past five years. The company has cut its dividend and has high liabilities, while selling assets like Cencora stock. CEO Tim Wentworth aims to improve the business, but investors should remain cautious until significant cash flow improvements and financial performance are achieved.

August 17, 2024
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