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Strategies & Market Trends : Range Bound & Undervalued Quality Stocks

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To: flickerful who wrote (398)1/11/2000 10:59:00 AM
From: Esway  Read Replies (2) of 5499
 
CVS Corporation (NYSE: CVS) Tuesday announced that same store
sales for the six weeks ended January 1, 2000 increased 13.7% over the prior
year period. Pharmacy same store sales rose 22.7%. Total pharmacy sales
represented 56% of total company sales in December.
Total sales for the six-week period ended January 1, 2000 increased 37.4%
to $2.388 billion, compared to $1.738 billion in the five-week period ended
December 26, 1998.
As of January 1, 2000, CVS operated 4,098 stores in 26 states and the
District of Columbia.
CVS is a large retail provider of prescriptions.
01/11 (0950)b
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