Cvs Profits Up Nearly 25%

Summary


PROVIDENCE, R.I. - CVS Corp. on Wednesday said first- quarter profit rose nearly 25 percent from a year ago, boosted by sales of pharmacy products and other goods at established stores.

The drugstore operator also said it will close about 225 of the 1,260 stores it intends to buy from the Eckerd drug chain. CVS announced the $2.15 billion cash deal for the Eckerd stores last month.

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Cvs Profits Up Nearly 25%

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