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CVS » Topics » First Quarter (Thirteen Weeks Ended March 31, 2007 versus April 1, 2006)

This excerpt taken from the CVS 10-Q filed May 8, 2007.

First Quarter (Thirteen Weeks Ended March 31, 2007 versus April 1, 2006)

Net revenues ~ The following table summarizes our revenue performance for the respective quarters:

 

     13 Weeks Ended  
     

March 31,

2007

    

April 1,

2006

  

Net revenues (in billions)

    $ 13.2     $ 10.0  

Net revenue increase:

     

Total

      32.1 %     8.7 %

Retail Segment

      23.1 %     7.6 %

Pharmacy Benefit Management Segment (“PBM”)

      136.8 %     28.4 %

Same store revenues increase: (1)

     

Total Retail Segment

      7.5 %     6.2 %

Pharmacy

      7.8 %     6.8 %

Front Store

      6.6 %     4.7 %

Pharmacy percentage of total revenues

      69.7 %     70.6 %

Third party percentage of retail pharmacy revenues

      94.4 %     93.9 %
(1) Same store revenues do not include the results of the Standalone Drug Business. The Standalone Drug Business will be included in same store revenues following the one-year anniversary of the acquisition, beginning in fiscal July 2007.

As you review our revenue performance, we believe you should consider the following important information:

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