by Mike Duff | May 5, 2023 | Retail Articles
In the midst of reorganizing the company, CVS Health posted lower net income that was still good enough to beat a Wall Street estimate, and it recorded a front-end comp gain. Company net income was $2.14 billion, or $1.65 per diluted share, versus $2.35 billion, or...
by Mike Duff | Feb 9, 2023 | Retail Articles
CVS beat Wall Street estimates in its fourth quarter while its front-end comparable sales made a strong gain after increasing 18.9% in the period a year past. Company net income was $2.3 billion, or $1.75 per diluted share, versus $1.31 billion, or 98 cents per...
by Mike Duff | Jan 24, 2023 | Retail Articles
CVS Health has named Amy Bricker executive vp and chief product officer, consumer, a position where she will focus on consumer products and innovation, leading the development of new products that support the evolving health care needs of customers in the community,...
by Mike Duff | Nov 2, 2022 | Retail Articles
Third quarter earnings and income at CVS Health beat Wall Street estimates despite unadjusted losses from an opioid litigation settlement. Company net loss was $3.42 billion, or $2.60 per diluted share, versus net income of $1.6 billion, or $1.20 per diluted share, in...
by Chandler Harvey | Oct 31, 2022 | Featured News, Retail Articles
The chain drug business is in flux, trying to evolve rapidly based on a community healthcare model that has impacted the channel’s approach to general merchandise including housewares and home furnishing business in a way that is still unsettled. Personal care...