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CVS Caremark Reports Record Second Quarter Revenues, Operating Profit, and Earnings
Date:7/31/2008

on of the Company's business segments to the accompanying consolidated financial statements:

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Retail Pharmacy

Pharmacy Services Intersegment Consolidated

In millions Segment Segment(1) Eliminations(2) Totals

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13 Weeks Ended:

June 28, 2008:

Net revenues $11,770.8 $10,656.8 $(1,287.3) $21,140.3

Gross profit 3,523.3 849.9 -- 4,373.2

Operating profit 864.0 614.1 -- 1,478.1

June 30, 2007:

Net revenues $11,249.7 $10,554.1 $(1,100.5) $20,703.3

Gross profit 3,295.7 862.8 -- 4,158.5

Operating profit 727.8 582.0 -- 1,309.8

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26 Weeks Ended:

June 28, 2008:

Net revenues $23,616.4 $21,421.5 $(2,571.6) $42,466.3

Gross profit 7,028.3 1,637.9 -- 8,666.2

Operating profit 1,704.1 1,144.1 -- 2,848.2

June 30, 2007:

Net revenues $22,488.9 $12,664.4 $(1,261.4) $33,891.9

Gross profit 6,401.4 1,060.3 -- 7,461.7

Operating profit 1,353.7 692.6 -- 2,046.3

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(1) Net revenues of the Pharmacy Services Segment include approximately $1,540.2 million and $1,412.1 million of Retail Co-payments for the thirteen weeks ended June 28, 2008 and June 30, 2007, respectively. Net revenues of the Pharmacy Services Segment include approxima
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SOURCE CVS Caremark Corporation
Copyright©2008 PR Newswire.
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