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  • Cardinal Health year-end revenues up 19% to $121.5 billion

    DUBLIN, Ohio - Cardinal Health on Tuesday closed out its fiscal year 2016 on quarterly revenues of $31.4 billion, representing an increase of 14%. For the year, Cardinal Health posted revenues of $121.5 billion, an increase of 19%.

  • Mass market still most shopped channel

    More vitamins, minerals and supplements were sold online so far in 2016 than have been sold through a Walmart store, TABS Analytics reported earlier this year. According to the TABS Analytics analysis, $2 billion in VMS products were sold online vs. $1.7 billion at Walmart, $1.3 billion at Costco and $1.2 billion at CVS Pharmacy.

  • CVS Health adjusted earnings for Q2 exceed analyst estimates

    WOONSOCKET, R.I. - CVS Health on Tuesday reported an increase of 17.6% in net revenues for the three months ended June 30, 2016, to $43.7 billion. Revenues in the Pharmacy Services Segment increased 20.7% to $29.5 billion in the three months ended June 30, 2016, which CVS Health attributed to an increased pharmacy network claim volume and growth in specialty pharmacy.

  • Flonase continues market strength

    GSK Consumer Healthcare’s Flonase allergy remedy was the single greatest generator of incremental dollars for the 52 weeks ended May 15 across total U.S. multi-outlets, according to IRI data, with $345.2 million in sales on 209.9% growth. The question headed into its second year on OTC shelves is can it maintain its momentum now that private-label competition for Flonase has reached store shelves.

  • With Rite Aid deal on track, Walgreens Boots Alliance posts Q3 sales of $29.5 billion, up 2.4%

    DEERFIELD, Ill. — Walgreens Boots Alliance on Wednesday reported an adjusted net earnings increase of 14.7% to $1.3 billion for its third quarter ended May 31. Net sales in the third quarter were $29.5 billion, an increase of 2.4% over the year-ago quarter, or 3.3% on a constant currency basis.

    Walgreens Boots Alliance's Retail Pharmacy USA division had third quarter total sales of $21.2 billion, an increase of 3.7% over the year-ago quarter. Sales in comparable stores increased 3.9% compared to the same quarter a year ago.

  • Jean Coutu sees generics slow Q1 Rx retail sales growth

    VARENNES, Quebec — Canada’s Jean Coutu group on Tuesday released the sales and earnings figures from its FY2017 first quarter, which ended May 28. For the quarter, the company saw revenues of $723.6 million — a 1.6% rise over the same quarter last year. The company attributes its sales growth to overall market growth and the expansion of its franchised store network. 
     

  • Rite Aid posts 23.1% Q1 revenue gain to $8.2 billion

    CAMP HILL, Pa. - Rite Aid on Thursday reported revenues of $8.2 billion, a net earnings loss of $4.6 million, or $0.00 per diluted share, adjusted net income of $14.5 million, or $0.01 per diluted share and adjusted EBITDA of $286 million, or 3.5% of revenues for its first fiscal quarter ended May 28, 2016.

  • Kroger Q1 ID sales up 2.4%

    CINCINNATI - Kroger on Thursday reported net earnings of $680 million, or $0.70 per diluted share, and identical supermarket sales growth, without fuel, of 2.4% in the first quarter of 2016. Kroger's net earnings during the first quarter last year were $619 million, or $0.62 per diluted share.

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