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

Segment

The following table summarizes the Pharmacy Services Segment's performance for the respective periods:
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13 Weeks Ended 26 Weeks Ended

June 28, June 30, June 28, June 30,

In millions 2008 2007 2008 2007

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As reported:

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Net revenues (1) $10,656.8 $10,554.1 $21,421.5 $12,664.4

Gross profit 849.9 862.8 1,637.9 1,060.3

Gross profit % of net

revenues 8.0% 8.2% 7.6% 8.4%

Operating expenses 235.8 280.8 493.8 367.7

Operating expense % of

net revenues 2.2% 2.7% 2.3% 2.9%

Operating profit 614.1 582.0 1,144.1 692.6

Operating profit % of

net revenues 5.8% 5.5% 5.3% 5.5%

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Net revenues:

Mail service $3,620.8 $4,171.7 $7,267.9 $5,381.4

Retail network 6,942.9 6,296.5 13,966.7 7,182.4

Other 93.1 85.9 186.9 100.6

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Comparable Financial Information: (2)

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Net revenues $10,656.8 $10,554.1 $21,421.5 $21,075.0

Gross profit 849.9 862.8 1,637.9 1,620.8

Gross profit % of net

revenues
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SOURCE CVS Caremark Corporation
Copyright©2008 PR Newswire.
All rights reserved

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