WOONSOCKET, R.I. — Pharmacy and retail store CVS Corp. posted a 9.1 percent gain in same-store sales for the month of May, with pharmacy same-store sales increasing 14 percent..
Same-store sales refer to stores open at least a year. CVS reported total sales of $1.72 billion for the period, compared to $1.54 billion during the same period last year. Total pharmacy sales represented 66.3 percent of total company sales this May, CVS said..
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CVS reported year-to date same-store sales increased 10.3 percent for the 21-week period ended May 26. Pharmacy same-store sales increased 16.1 percent for the period, the company said.
According to a CVS spokesman, the actual dollar values for same-store sales were not available.
Total sales at CVS for the 21-week period ended May 26, 2001 increased 12.9 percent to $8.78 billion, compared to $7.78 billion during the year-ago period. The company operated 4,131 retail and specialty pharmacy stores in 31 states and the District of Columbia as of May 26, 2001.
