ECRM_1170x120_8-1-17

fiscal 2015

CVS Health gets 1Q boost from PBM

CVS Health gets 1Q boost from PBM

  WOONSOCKET, R.I. — Citing a strong performance by its pharmacy benefit management business, CVS Health posted a double-digit sales gain for the first quarter, with adjusted earnings topping Wall Street’s projections. CVS said Friday that net sales for the three months ended March 31 totaled $36.33 billion, up 11.1% from $32.69 billion a year earlier. Sales for CVS’ retail pharmacy business

Sales at Jean Coutu rise in 4Q, full year

Sales at Jean Coutu rise in 4Q, full year

LONGUEUIL, Quebec — The Jean Coutu Group reported increased corporate and retail store sales for its fiscal 2015 fourth quarter and full year but saw net income dip in both periods. The Canadian drug chain said Wednesday that for the fourth quarter ended Feb. 28, sales in its franchised store network total $1.099 billion (Canadian), up

Rite Aid finishes fiscal year on a high note

Rite Aid finishes fiscal year on a high note

CAMP HILL, Pa. — A tax break added to healthy gains in earnings for the 2015 fourth quarter and fiscal year at Rite Aid Corp., which also saw a strong sales performance for both periods. Net income for the fourth quarter and  full year were lifted by a reduction of the deferred tax asset valuation