Investment Reflection on Adjusting WBA Option Portfolio
@Tiger V:
Overview Walgreens Boots Alliance $Walgreens Boots Alliance(WBA)$ , a prominent pharmacy-led healthcare company, recently reported its third-quarter earnings with mixed results. While the company affirmed an increase in earnings per share (EPS) to 40 cents, compared to 14 cents in the previous year, this was overshadowed by a significant non-cash impairment related to pharmacy license intangible assets at Boots UK. The adjusted EPS fell by 36.6% in constant currency, and challenging retail conditions, along with tough trends impacting its pharmacies, led to a drop in sales growth expectations. In response to these adverse developments, I made a strategic adjustment to my WBA option portfolio on 3 July 2024. This reflection details the rationa