Summary: CVS Corp. - S&P Global Ratings’ Credit Research

Summary: CVS Corp.

Summary: CVS Corp. - S&P Global Ratings’ Credit Research
Summary: CVS Corp.
Published Nov 29, 2005
1092 words — Published Nov 29, 2005
Price US$ 225.00  |  Buy this Report Now

About This Report

  
Abstract:

The ratings reflect CVS Corp.'s solid position in the favorably regarded drugstore industry and its generally good operating performance. CVS, with almost 5,500 units, is the largest chain drug retailer in the U.S., based on store count. Prescriptions, which constitute about 71% of the company's revenues, continue to drive growth and are expected to do well, based on an aging population, greater use of pharmaceuticals in outpatient therapy, and the ongoing development of new drug products. Woonsocket, R.I.-based CVS has historically generated consistently good operating performance. Its store development and rationalization strategies have been key drivers of its good sales and profit growth. Moreover, the company's emphasis on a freestanding drugstore format has increased its relevance to consumers. Convenience has

  
Brief Excerpt:

RESEARCH Summary: CVS Corp. Publication date: 29-Nov-2005 Credit Rating: A-/Stable/A-2 Rationale The ratings reflect CVS Corp.'s solid position in the favorably regarded drugstore industry and its generally good operating performance....

  
Report Type:

Summary

Ticker
Issuer
GICS
Health Care Services (35102015)
Sector
Global Issuers , Structured Finance
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Summary: CVS Corp." Nov 29, 2005. Alacra Store. May 07, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-CVS-Corp-478107>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: CVS Corp. Nov 29, 2005. New York, NY: Alacra Store. Retrieved May 07, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-CVS-Corp-478107>
  
US$ 225.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Residential Mortgage-Backed Securities from one place.