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In the release, CVS pointed to "positive trends" in its pharmacy business such as owning a record-high share of retail pharmacy prescriptions at 27.3%.
CVS is opening new stores around the nation, but they will be significantly smaller and focus only on pharmacy services. The move comes as the industry undergoes a major shift.
On June 11, many CVS customers woke up to a text from the pharmacy chain that said it would have to close its locations in Louisiana because of HB 358; which passed both the House and Senate ...
CVS Health ’s CVS Pharmacy and Consumer Wellness (“PCW”) segment has seen steady growth in recent months, with revenues up 11.1% year over year in the first quarter of 2025.
It also owns the pharmacy benefits manager, CVS Caremark; a health insurance provider; and other brands, such as Omnicare. The corporation earned $8.3 billion in profits last year.
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