CVS Reports January Same-Store Sales

CVS Corporation (NYSE: CVS) announced that total sales for the four-week period ended January 29, 2005 increased 34.2% to $2.74 billion, compared to $2.04 billion in the prior year period, reflecting the impact of the acquisition completed on July 31, 2004, of 1,268 Eckerd drugstores, as well as Eckerd's pharmacy benefit management and mail order pharmacy business. Total pharmacy sales represented 72.4% of total company sales in January. Same store sales for the four weeks ended January 29, 2005 increased 8.0% over the comparable prior year four-week period. Pharmacy same store sales increased 9.2%, while front-end same store sales increased 5.2%. Same store sales do not include the acquired Eckerd drugstores, which will be included in same store sales beginning in August 2005.

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