ARLINGTON, Va. — Larry Merlo, who stepped down as president and CEO of CVS Health in February, on Wednesday received the Sheldon W. Fantle Lifetime Achievement Award from the National Association of Chain Drug Stores. The honor, which recognizes individuals whose accomplishments and contributions to the chain drug industry over the course of their career
WOONSOCKET, R.I. — CVS Health’s third quarter sales and earnings beat estimates, and the company raised its full-year profit outlook, as growth in health care benefits and store sales lifted its results. Adjusted earnings for the three months ended September 30 slipped 9.8% from the year-ago period to $1.66 per share, but were still well
WOONSOCKET, R.I. — Pharmacy gains propelled CVS Health’s second quarter results ahead of Wall Street’s expectations. Retail sales for the three months ended June 30 climbed 5.7% to $20.7 billion, despite less front-end traffic. Overall same-store sales rose 5.9%. Pharmacy sales jumped 8.3% from a year ago, while same-store front-end sales dipped 1%. CVS’ revenue advanced
