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CVS Caremark Reports Record Results in Fourth Quarter and Year 2008
Date:2/19/2009

p>(5) The fourth quarter of fiscal 2008 and fiscal 2008 include the results of the Longs Drugs retail stores from the acquisition date (October 20, 2008) forward.

Supplemental Information

Preliminary and Unaudited

Pharmacy Services Segment

The following table summarizes the Pharmacy Services Segment's performance for the respective periods:

                                    Fiscal Quarter         Fiscal Year
                                       Ended(1)              Ended(1)
                                 December     December  December    December
    In millions                  31, 2008(5)  29, 2007  31, 2008(5) 29, 2007
    As reported:
    Net revenues(2)               $11,784.3  $11,611.4   $43,769.2 $34,938.4
    Gross profit                    1,019.6    1,001.5     3,550.0   2,997.1
      Gross profit % of net
       revenues                         8.7%       8.6%        8.1%      8.6%
    Operating expenses                259.2      246.8       987.5     895.1
      Operating expense % of
       net revenues                     2.2%       2.1%        2.3%      2.6%
    Operating profit                  760.4      754.7     2,562.5   2,102.0
      Operating profit % of
       net revenues                     6.5%       6.5%        5.9%      6.0%
    Net revenues:
      Mail service                 $4,016.0   $4,302.7   $14,901.1 $13,835.5
      Retail network                7,673.7    7,222.9    28,489.3  20,831.3
      Other                            94.6       85.8       378.8     271.6
    Comparable Financial
     Information:(3)
    Net revenues                  $11,784.3  $11,611.4   $43,769.2 $43,349.0
    Gross profit                    1,019.6    1,001.5     3,550.0   3,557.6
      Gross profit % of net
        revenues                        8.7%       8.6%        8.1%      8.2%
      Operating expe
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SOURCE CVS Caremark Corporation
Copyright©2009 PR Newswire.
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