The results come on the last day of a nationwide walkout by pharmacy staff from CVS, Walgreens and Rite Aid to protest what they call harsh working conditions.
The results come one quarter after CVS launched a sweeping cost-cutting program as part of its push to transform from a major drugstore chain to a large health-care company.on Wednesday reported third-quarter adjusted earnings and revenue that topped Wall Street's expectations, lifted in part by strong revenue from the company's health services business.The company reported net income of $2.27 billion, or $1.75 per share, for the third quarter. That compares with a net loss of $3.
Analysts had expected the division to bring in $45.19 billion in sales, according to estimates compiled by StreetAccount. The company's pharmacy and consumer wellness division booked $28.87 billion in sales for the quarter, up 6% from the year-ago period. That segment dispenses prescriptions in CVS's retail pharmacies and provides other pharmacy services, such as diagnostic testing and vaccination.
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Eyedrops from CVS, Rite Aid and others carry possible infection risk, FDA saysU.S. health regulators are warning consumers not to use more than two dozen varieties of over-the-counter eyedrops due to the risk of infections that could lead to blindness. The advisory from the Food and Drug Administration applies to lubricating drops sold by six companies, including CVS Health, Rite Aid and Target.
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Eyedrops from CVS, Rite Aid and others carry possible infection risk, FDA saysU.S. health regulators are warning consumers not to use more than two dozen varieties of over-the-counter eyedrops due to the risk of infections that could lead to blindness.
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Eyedrops from CVS, Rite Aid and others carry possible infection risk, FDA saysU.S. health regulators are warning consumers not to use more than two dozen varieties of over-the-counter eyedrops due to the risk of infections that could lead to blindness.
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Eyedrops from CVS, Rite Aid and others carry possible infection risk, FDA saysU.S. health regulators are warning consumers not to use more than two dozen varieties of over-the-counter eyedrops due to the risk of infections that could lead to blindness.
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