Wednesday, May 2, 2018

CVS Health Beats Expectations for 1Q, 2018 Forecast

US News & World Report
Image result for CVSCVS Health first-quarter earnings climbed nearly 5 percent and topped Wall Street expectations, as the nation's second-largest drugstore chain filled more prescriptions at its stores and got a sales bump from the timing of Easter.

CVS Health said prescriptions sold at stores open at least a year grew more than 8 percent in the quarter, which helped push overall sales at those stores up nearly 6 percent.

Sales from the front end of its stores, or the area outside the pharmacy, grew 1.6 percent, as Easter fell in the first quarter of 2018 compared to the second quarter last year. . . . more