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 Mike Duff | Aug 5, 2022 | Retail Articles
As the company continues on its reorganization as a community well resource, CVS Health beat Wall Street estimates on earnings and revenues while posting a strong comparable sales gain in the retail business. Company net income was $2.95 billion, or $2.23 per diluted...
by Mike Duff | Jun 20, 2022 | Retail Articles
CVS Health has announced that Violetta Ostafin will join the company as executive vp and chief strategy officer as it looks to spur growth. Ostafin will lead strategy development across CVS core businesses as well as identify new market opportunities and product...
by Mike Duff | Feb 9, 2022 | Retail Articles
For the fourth quarter, CVS Health posted company income from continuing operations of 1.3 billion, or 98 cents per diluted share, versus $984 million, or 75 cents per diluted share, in the period a year earlier. Adjusted for one-time events, diluted earnings per...
by Mike Duff | Nov 30, 2021 | Featured News, Retail Articles
Leaders from several major retailers met with President Joseph Biden as part of a roundtable where they discussed steps taken to overcome supply chain bottlenecks and to meet consumer demand during the holiday season. Retail executives attending were Doug McMillon,...