CVS sales
This article was originally published in The Tan Sheet
Executive Summary
Drug chain credits recent flu season with same-store sales increase of 6.1% for the six weeks ended Jan. 3. The flu season "drove both incremental pharmacy sales and the front-end cough and cold category," President & CEO Tom Ryan says. Other drug chains including Rite-Aid and Walgreen's experienced similar growth (1"The Tan Sheet" Jan. 12, 2004, p. 16). CVS will release fourth quarter results in early February...
Drug chain credits recent flu season with same-store sales increase of 6.1% for the six weeks ended Jan. 3. The flu season "drove both incremental pharmacy sales and the front-end cough and cold category," President & CEO Tom Ryan says. Other drug chains including Rite-Aid and Walgreen's experienced similar growth (1 (Also see "OTC Sales Healthy During Severe Flu Season, P&G, Drug Chains Announce" - Pink Sheet, 12 Jan, 2004.), p. 16). CVS will release fourth quarter results in early February.... |