The BusinessWeek 50 Ranking
39
CVS
CVS, THE NATION’S largest retail pharmacist, has the wind at its back. Sales of prescription drugs account for 70% of its business, all growing thanks to an aging population of baby boomers and rising use of generics. Net income soared 33% in 2005, on a 21% increase in sales. The Woonsocket (R.I.) company also has been smart about driving sales in the front of the store. It has used its loyaltycard program, the country’s biggest, to bolster sales of beauty aids and other products. CVS got a big boost with the purchase of some 1,100 stores from Eckerd Corp. in 2004. This summer, it expects to add 700 Albertson’s outlets.
Company Info |
|
| 2005 Rank | 74 |
| GET MORE COMPANY INFO | CVS |
| Market Value $ Million | 23,069.3 |
| Total Return $ Million | (1-yr.) 14.3
(3-yr.) 132.1 |
| 2005 Sales $ Billion | 37.0 |
| Sales Growth $ Million | (1-yr.) 21
(3-yr.) 15.2 |
| Long-Term Growth Est. % | 13.0 |
| Net income $ Million | 1,224.7 |
| Net Income Growth $ Million | (1-yr.) 33
(3-yr.) 18.4 |
| Net Margin %* | 3.3 |
| Return on Inv. Capital (%)* | 12.2 |
| Share Price 12-Mo. Hi/Lo | 32/24 |
| P/E Ratio | 20 |
| Industry | Food & Staples Retailing |
| CORPORATE WEB SITE | |
