Printer Friendly

CVS Corporation Reports 12.6% Increase in June Same Store Sales.

WOONSOCKET, R.I.--(BUSINESS WIRE)--July 6, 1999--

CVS Corporation (NYSE: CVS) today announced that same store sales for the five weeks ended June 26, 1999 increased 12.6% over the prior year period. Pharmacy same store sales rose 20.0%.

Total pharmacy sales represented 59% of total company sales in June.

Total sales for the five-week period ended June 26, 1999 increased 19.0% to $1.667 billion, compared to $1.401 billion in the prior year period.

Year-to-date, same store sales for the twenty-six week period ended June 26, 1999 increased 12.5% over the prior year period, while pharmacy same store sales increased 19.9%. Total sales for the twenty-six week period increased 16.9% to $8.603 billion, compared to $7.357 billion in 1998.

CVS is the largest retail provider of prescriptions in the nation. The Company is the No.1 drugstore chain in terms of store count, leading the Northeast, Mid-Atlantic, Southeast and Midwest regions. General information about CVS, including corporate background and press releases, is available through CVS' web site at http://www.CVS.com.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jul 6, 1999
Words:182
Previous Article:Help at Home, Inc. Announces New Financing.
Next Article:ECHO Completes Y2K Preparedness.
Topics:


Related Articles
Melville reports 7.6% increase in May same store sales; CVS and Footaction drive improvements.
CVS Reports 9.9% Increase In June Same Store Sales For Combined CVS/Revco.
CVS Corporation Reports 10.8% Increase in August Same Store Sales.
CVS Corporation June Sales Increase 10.4%.
CVS Corporation Reports Results for Fourth Quarter and 2001.
CVS Corporation March Sales Increase 12.6%; Company Raises First Quarter Earnings Guidance.
CVS Corporation June Sales Increase 9.4%.
CVS Corporation Reports Fourth Quarter and Year-End Results.
CVS Corporation Reports Results for the First Quarter; Net Earnings Increase 11.7%.
CVS Corporation Reports First Quarter 2004 Results; Net Earnings Increased 25%, While Diluted EPS Jumped 23% to 59 Cents.

Terms of use | Copyright © 2018 Farlex, Inc. | Feedback | For webmasters