Thursday, May 29, 2014

Walgreen's Growth Prospects

Walgreen investors are used to looking at the company from the highly visible vantage point of its drugstores. However, Fools may have to rethink this assumption because Walgreen has taken significant measures to transform its business, creating several significant growth opportunities. Let's look at three primary strategic growth drivers more closely.

Walgreen's long-term growth opportunity
Before going into detail on these long-term profit drivers, some background on how Walgreen changed its course. The first significant change occurred in 2011 when Walgreen sold its pharmacy benefit management, or PBM, business to Catalyst Health Solutions.