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Earnings Preview: CVS Caremark To Post 3Q Results
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NEW YORK (AP) — Drugstore operator and pharmacy benefits manager CVS Caremark Corp. is scheduled to report its third-quarter results Thursday morning. The following is a summary of key developments and analyst commentary for the period.
OVERVIEW:
The Woonsocket, R.I., company runs more than 7,000 drugstores, which puts it neck and neck with Walgreen Co. for the most locations in the country. Unlike its drugstore rivals, CVS also runs one of the largest U.S. pharmacy benefits management businesses in Caremark. By bringing the two operations together, the company hopes to save money for health plan members and drive up sales at CVS stores. ...
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