CVS Q1 Misses Sales, Earnings Estimates

CVS Q1 Misses Sales, Earnings Estimates

The first quarter did not live up to expectations at CVS Health, with earnings well short of Wall Street estimates and front-end comparable sales down. Company net income was $1.11 billion, or 88 cents per diluted share, versus $2.14 billion, or $1.65 per diluted...
CVS Q1 Misses Sales, Earnings Estimates

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 Q1 Misses Sales, Earnings Estimates

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,...