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 Sep 08, 2006
984 words — Published Sep 08, 2006
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Abstract:

The ratings reflect CVS Corp.'s solid position in the favorably regarded drugstore industry and its generally good operating performance. CVS, with almost 6,500 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: 08-Sep-2006 Credit Rating: ###+/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
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MLA:
S&P Global Ratings’ Credit Research. "Summary: CVS Corp." Sep 08, 2006. Alacra Store. May 06, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Summary-CVS-Corp-531334>
  
APA:
S&P Global Ratings’ Credit Research. (). Summary: CVS Corp. Sep 08, 2006. New York, NY: Alacra Store. Retrieved May 06, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Summary-CVS-Corp-531334>
  
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