by Mike Duff | Feb 9, 2022 | Retail Articles
For the fourth quarter, CVS Health posted company income from continuing operations of 1.3 billion, or 98 cents per diluted share, versus $984 million, or 75 cents per diluted share, in the period a year earlier. Adjusted for one-time events, diluted earnings per...
by Mike Duff | Nov 30, 2021 | Featured News, Retail Articles
Leaders from several major retailers met with President Joseph Biden as part of a roundtable where they discussed steps taken to overcome supply chain bottlenecks and to meet consumer demand during the holiday season. Retail executives attending were Doug McMillon,...
by Mike Duff | Nov 19, 2021 | Featured News, Retail Articles
In what it termed a move to accelerate its health strategy, CVS Health announced that it would develop new retail concepts, close 900 stores and replace Neela Montgomery, evp and president of CVS Retail/Pharmacy. Prem Shah will take the newly created role of chief...
by Mike Duff | Nov 3, 2021 | Retail Articles
CVS Health had a robust third quarter with gains overall and in its retail division, where front store comparable sales, including general merchandise, gained 12.3% year over year. Company net income was $1.6 billion, or $1.20 per diluted share, versus $1.22 billion,...