Gabelli Funds portfolio manager Jeff Jonas said last fall that another dividend cut was likely for Walgreens. “The balance sheet is slowly improving, but that still needs to improve further ...
2. The move aims to strengthen Walgreens' balance sheet by reducing debt and improving free cash flow. The company considered its cash needs for litigation and debt refinancing over the next few ...
The drugstore chain said Thursday after markets closed that it made the move to strengthen its balance sheet and improve free cash flow as company leaders try to turn around the struggling business.