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CVS Caremark Reports Strong First Quarter Results
Date:5/1/2013

ecember 31, 2012 and under the section entitled "Cautionary Statement Concerning Forward-Looking Statements" in our most recently filed Quarterly Report on Form 10-Q.

 — Tables Follow —

  

CVS CAREMARK CORPORATIONCondensed Consolidated Statements of Income(Unaudited) Three Months EndedMarch 31,In millions, except per share amounts20132012Net revenues$

30,763$

30,798Cost of revenues25,18125,685Gross profit5,5825,113Operating expenses3,8833,709Operating profit1,6991,404Interest expense, net126132Income before income tax provision1,5731,272Income tax provision617496Income from continuing operations956776Loss from discontinued operations, net of tax—(1)Net income956775Net loss attributable to noncontrolling interest—1Net income attributable to CVS Caremark$

956$

776Income from continuing operations attributable to CVS Caremark:Income from continuing operations$

956$

776Net loss attributable to noncontrolling interest—1Income from continuing operations attributable to CVS Caremark$

956$

777Basic earnings per common share:Income from continuing operations attributable to CVS Caremark$

0.78$

0.60Loss from discontinued operations attributable to CVS Caremark——Net income attributable to CVS Caremark$

0.78$

0.60Weighted average basic common shares outstanding1,2321,299Diluted earnings per common share:Income from continuing operations attributable to CVS Caremark$

0.77$

0.59Loss from discontinued operations attributable to CVS Caremark——Net income attributable to CVS Caremark$

0.77$

0.59Weighted average diluted common shares outstanding1,2411,309Dividends declared per common share$

0.2250$

0.1625 

 

CVS CAREMARK CORPORATIONCondensed Consolid
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SOURCE CVS Caremark Corporation
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