The CVS Corp. says its total sales for the four weeks ending April 30 were $2.78 billion, up 31.2 percent from the same period last year. The jump includes the impact of the acquisition of 1,269 Eckerd drugstores; same-store sales were up 5.2 percent.
Total pharmacy sales represented 71.7 percent of total company sales in April, CVS said, and they were up 7.9 percent (same-store), while front-end same-store sales decreased 0.7 percent. Front-end sales were negatively affected by an earlier Easter (March 27 versus April 11 last year), the company said, which shifted more holiday sales into March.
Rhode Island's Market Has Changed. Developers, Builders, Investors and Sellers Must Change With It.
By Emilio DiSpirito IV License Partner | Engel & Völkers Oceanside Leader | The DiSpirito…
Learn More
Year-to-date, total sales for the 17 weeks ending April 30 have been $11.96 billion, CVS said, up 33.8 percent from last year. Pharmacy same-store sales are up 8.6 percent year-to-date, while front-end same-store sales are up 5 percent.
CVS is America’s largest retail pharmacy, operating 5,415 retail and specialty pharmacy stores in 36 states and the District of Columbia as of April 30. It also operates an online pharmacy, CVS.com, and a pharmacy benefit management, mail order and specialty pharmacy subsidiary, PharmaCare.
