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CVS Caremark Reports Record Second Quarter Results

t revenues1.5




%Operating profit6755111,174860Operating profit % of net revenues3.6




%Net revenues(1):Mail choice(2)$




11,410Pharmacy network(3)12,70912,62525,10025,209Other5554105103Pharmacy claims processed(1):Total226.6218.3454.3437.2Mail choice(2)20.720.541.340.9Pharmacy network(3)205.9197.8413.0396.3Generic dispensing rate(1):Total80.7




%Mail choice(2)75.8




%Pharmacy network(3)81.1




%Mail choice penetration rate22.4





Pharmacy network net revenues, claims processed and generic dispensing rates do not include Maintenance Choice, which are included within the mail choice category.(2)

Mail choice is defined as claims filled at a Pharmacy Services mail facility, which include specialty mail claims, as well as 90-day claims filled at retail under the Maintenance Choice program.(3)

Pharmacy network is defined as claims filled at retail pharmacies, including our retail drugstores, but excluding Maintenance Choice activity. Supplemental Information(Unaudited)Retail Pharmacy SegmentThe following table summarizes the Retail Pharmacy Segment's performance for the respective periods:Three Months Ended June 30,Six Months EndedJune 30,In millions2013201220132012Net revenues$




31,869Gross profit5,0004,7699,9529,341Gross profit % of net revenues31.0




%Operating expenses3,4043,3006,8196,575Operating expense % of net revenues21.1

SOURCE CVS Caremark Corporation
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