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CVS Caremark Corporation (CVS)
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CVS » Topics » Corporate Segment

This excerpt taken from the CVS 8-K filed Nov 5, 2009.

Corporate Segment

The following table summarizes our Corporate segment’s performance for the respective periods:

 

     

(Unaudited)

Third Quarter Ended(1)

   

(Unaudited)

Nine Months Ended(1)

In millions    September 30,
2009		    September 27,
2008		    September 30,
2009		    September 27,
2008

Operating expenses

    $ 129.4    $ 105.1    $ 398.4    $ 332.5

 

(1) On December 23, 2008, the Company’s Board of Directors approved a change in the Company’s fiscal year end from the Saturday nearest December 31 of each year to December 31 of each year to better reflect the Company’s position in the health care, rather than the retail, industry. As you review the Company’s operating performance, please consider that the third quarter of 2009 and 2008 include 92 days and 91 days, respectively, and the nine months ended September 30, 2009 and September 27, 2008 both include 273 days.
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