Costs cut CVS Caremark earnings

By Walker Duncan Posted on May 5, 2009 at 11:03 am

Integration costs and other factors caused CVS Caremark Corp.’s first quarter earnings to fall slightly compared to last year.

The company’s earnings dipped to $743.5 million, down from $748.5 million in ‘08. Net Revenue, on the other hand, increased to $23.4 billion, up from $21.3 billion last year.

Earnings release available here.

permalink

Tags: CVS Caremark Corp., earnings reports, pharmacies, pharmacy benefit management  

Comments