CVS Health First-quarter Revenue Rose 8% As Customers Rushed Into Stores to Buy Essentials; Shares Up
May 06, 2020
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About this Deal
CVS Health reported a 9% increase in same-store sales during the first quarter.
The drugstore chain’s stores have stayed open during the coronavirus pandemic, as they sell items such as cleaning supplies, over-the-counter medications and prescriptions.
It is expanding drive-thru testing locations and plans to have nearly 1,000 across the country by the end of May.