Revenues in CVS Health's Pharmacy Services Segment increased 20.5% to $28.8 billion, primarily driven by increase in prescription volume and growth in specialty pharmacy.
The incremental sales impact due to the Easter calendar shift was approximately $7.1 million or a 1% increase in comparable store sales, Weis Markets reported.
The deal will see the nation’s largest independent specialty pharmacy acquiring the seven-year-old oncology-focused company for $75 million, a mixture of cash and about 328,000 shares of Diplomat stock.
Cardinal Health's third-quarter revenue for the Pharmaceutical segment increased 22% to $27.5 billion due to growth from new and existing customers as well as acquisitions.
The 2.6% U.S. comparable store sales growth was fueled by positive real growth at both Food Lion and Hannaford, despite fewer winter storms compared to last year.
For fiscal year 2016, Jean Coutu revenues amounted to $2.3 billion, representing an increase of 1.5% due to the overall market growth.
Supervalu's fourth quarter Retail net sales were $1.1 billion, down 2.6%.
Drug Store News has partnered with Competitive Promotion Report and IRI to create a series of exclusive reports. This edition explores the hair conditioner category.
It’s no secret that the category of drugs drawing the most attention — and money — in recent years has been specialty pharmacy.
The regular shampoo category had mediocre growth of 0.89% during the 12-month period ended February 2016, with Unilever and Procter & Gamble holding significant market share.