More on CVS Caremark's Q1

|About: CVS Health Corporation (CVS)|By:, SA News Editor

CVS Caremark (CVS) reports revenue in its Pharmacy Services segment rose 10.3% to $20.2B in Q1.

The Retail Pharmacy segment saw a 2.7% increase to $16.5B on a same-store sales gain of 1.4%.

Gross profit rate improved by 70 bps for the Retail Pharmacy segment and 40 bps for the Pharmacy Services segment.

A weaker flu season this year had an impact on the company's results.