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...
Rite Aid Points to Progress after Weak Q2

Rite Aid Points to Progress after Weak Q2

The second quarter saw Rite Aid losses increase and sales come up short of last year’s period, although a bit ahead of Wall Street projections. For the quarter, the company reported a net loss of $331.3 million, or $6.07 per diluted share, versus a net loss of $100.3...
CVS Q1 Misses Sales, Earnings Estimates

CVS Beats Expections in Q2

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...