Nike Reports Results… And Economic Track Records Ahead Of Presidential Debate 6/27/24
CNBC's "Fast Money"
00:00
Discussion on Walgreens' Stock Performance and Earnings Report
The chapter delves into Walgreens' disappointing earnings report causing their stock to hit a 27-year low, leading to a significant drop in their share price. Despite surpassing revenue expectations, the company fell short of EPS estimates and revised their guidance downwards due to sluggish sales growth, prompting the CEO to announce the closure of numerous stores in the US.
Play episode from 19:15
Transcript
