rmacy care, we are uniquely positioned to provide greater access to engage plan members in behaviors that improve their health, and to lower overall health care costs for health plans, plan sponsors and their members. CVS Caremark is a market leader in mail order pharmacy, retail pharmacy, specialty pharmacy, and retail clinics, and is a leading provider of Medicare Part D Prescription Drug Plans. As one of the country's largest pharmacy benefits managers (PBMs), we provide access to a network of more than 65,000 pharmacies, including over 7,200 CVS/pharmacy® stores that provide unparalleled service and capabilities. Our clinical expertise includes one of the industry's most comprehensive disease management programs. General information about CVS Caremark is available through the Company's website at
http://info.cvscaremark.com.
Forward-looking statements:This press release contains certain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. For these statements, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company strongly recommends that you become familiar with the specific risks and uncertainties outlined under the Risk Factors section in our Annual Report on Form 10-K for the year ended December 31, 2010.
– Tables Follow –CVS CAREMARK CORPORATIONCondensed Consolidated Statements of Income(Unaudited)Three Months Ended March 31,In millions, except per share amounts
20112010Net revenues
$
25,880$
23,760Cost of revenues
21,12919,014Gross profit
4,7514,746Operating expenses
3,4403,336Operating profit
1,3111,410Interest expense, net
134128Income before income tax provision
1,1771,282Income tax provision
464510Income from continuing operat
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Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 Related medicine technology :1.
CVS Caremark Study Finds Non-Adherent Heart Failure Patients Almost Twice as Likely to be Re-Hospitalized Within a Year2.
CVS Caremark Data Confirms Improved Outcomes for Women with Osteoporosis Who are Adherent to Therapy3.
CVS Caremark Launches Distribution of $3 million in Free Seasonal Flu Shot Vouchers to the Unemployed4.
CVS Caremark Celebrates Outstanding Pharmacy Care to Patients During American Pharmacists Month in October5.
CVS Caremark Undertakes Multi-Year Study to Improve Patient Medication Adherence6.
CVS Caremark Announces Updates to Flu Vaccine Program7.
CVS Caremarks MinuteClinic and Allina Hospitals & Clinics Form Strategic Partnership8.
CVS Caremark Corporation Increases Quarterly Dividend 15%9.
CVS Caremarks MinuteClinic Becomes First Retail Clinic Provider to Achieve Consecutive Accreditation Awards From The Joint Commission10.
CVS Caremark Names New Chief Human Resources Officer11.
CVS Caremark Corporation Announces Quarterly Dividend