CVS Tops Estimates, Creates New Store Segment

CVS Tops Estimates, Creates New Store Segment

As it reported fourth-quarter financials, CVS announced that it had established a new Pharmacy & Consumer Wellness segment, which includes its retail and long-term care pharmacy operations and related pharmacy services, as well as its front store operations, which...
CVS Tops Estimates, Creates New Store Segment

CVS Makes Executive, Loyalty Program Changes

In dual developments, CVS Health announced executive and loyalty program updates. CVS Pharmacy, the company’s retail division, will offer two membership tiers going forward, ExtraCare and ExtraCare Plus, one free and the other fee-based. ExtraCare, the free program,...
CVS Tops Estimates, Creates New Store Segment

CVS Q2 Beats Wall Street Expectations

In the second quarter, CVS Health topped analyst estimates although front end comparable sales slipped slightly after a 10% gain in the 2022 period. Company net income was $1.9 billion, or $1.48 per diluted share, versus $3.03 billion, or $2.29 per diluted share, in...