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...
Warehouse clubs dominated the American Customer Satisfaction Index among general merchandise retailers, but Macy’s and Target were also among the leaders. Costco and Macy’s led all others with a satisfaction score of 82 with Target and Sam’s Club just behind at...
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...
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,...
The third quarter saw CVS Health financials beat Wall Street estimates on income and sales as it turned in better sales and almost flat adjusted earnings year over year. The company posted a net income of $2.26 million, or $1.75 per diluted share, versus a net loss of...