CVS reports net earnings increase of 24.6 percent in first quarter
Drugstore chain CVS Corporation yesterday announced that net earnings for its first quarter, which ended April 3, were $244.6 million, up 24.6 percent from the $196.3 million reported for the same period the year before. Same store sales rose 6.4 percent, while pharmacy same store sales increased 8.3
percent, and front-end same store sales increased 2 percent. "The improvement in our gross margin was driven by an increase in generic drug sales, a continued decrease in inventory losses and a more profitable promotional product mix," said Tom Ryan, chairman, president and CEO, in a statement.
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Same store sales for the five weeks ended July 3, 2004 increased 6.6% over the prior year period.
CVS same store sales for June increased 9.1% over the prior year period.
With reports from Rite Aid, CVS and Walgreens ......
WOONSOCKET, RI--(BUSINESS WIRE)--June 4, 1998--CVS Corporation (NYSE:CVS) today announced that same store sales for the four weeks ended May 23, 1998 increased 10.7% over the ......
CVS Corporation announced that it has named Deborah G. Ellinger executive vp of strategic planning and business development.
Business Editors WOONSOCKET, R.I.--(BUSINESS WIRE)--Sept. 5, 2001 CVS Corporation (NYSE: CVS) today announced that same store sales for the four weeks ended August 25, 2001 ......
Business Editors WOONSOCKET, R.I.--(BUSINESS WIRE)--Dec. 2, 2003 CVS Corporation (NYSE: CVS) today announced that total sales for the four-week period ended November 22, 2003 increased ......
Business Editors WOONSOCKET, R.I.--(BUSINESS WIRE)--Jan. 8, 2002 CVS Corporation (NYSE: CVS) today announced that same store sales for the five weeks ended December 29, 2001 ......
WOONSOCKET, R.I.--(BUSINESS WIRE)--July 28, 1999-- CVS Corporation (NYSE: CVS) today announced record sales and earnings for the second quarter ended June 26, 1999. All financial ......
WOONSOCKET, R.I. -- CVS Corporation (NYSE: CVS) announced today the pricing of $800 million aggregate principal amount of 5.750% unsecured senior notes due 2011 ......
Business Editors WOONSOCKET, R.I.--(BUSINESS WIRE)--July 31, 2001 CVS Corporation (NYSE: CVS), America's #1 pharmacy, today announced net earnings of $198.0 million, or $0.48 per diluted ......
WOONSOCKET, RI--(BUSINESS WIRE)--May 6, 1998--CVS Corporation (NYSE:CVS) today announced that same store sales, including the results of stand-alone CVS, Revco and Arbor, for the four ......
WOONSOCKET, R.I. -- CVS Corporation (NYSE:CVS) will be holding a conference call on Thursday, November 2, 2006, at 8:30 a.m. (ET) with analysts and investors ......
Business Editors WOONSOCKET, R.I.--(BUSINESS WIRE)--March 9, 2004 CVS Corporation (NYSE: CVS) today announced that total sales for the four-week period ended February 28, 2004 increased ......
Business Editors WOONSOCKET, R.I.--(BUSINESS WIRE)--June 3, 2004 CVS Corporation (NYSE:CVS) Chairman, President & CEO Tom Ryan today made the following statement regarding the sudden death ......
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