CVS Caremark (CVS) Reports Increase in August Same-Store Sales

CVS Caremark Corporation (NYSE: CVS) announced that same store sales (sales from retail pharmacy stores open more than one year) in its CVS/pharmacy division for the four weeks ended August 25, 2007 increased 4.9% over the prior year period. Pharmacy same store sales increased 4.0%, and were negatively impacted by approximately 500 basis points due to recent generic introductions. Front-end same store sales increased 6.8%.

During the four week period ended August 25, 2007, CVS/pharmacy opened 15 new stores, closed 3 stores and relocated 13 others. As of August 25, 2007, the Company operated 6,192 CVS/pharmacy stores in 40 states and the District of Columbia.

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