CVS 2000 Annual Report Download - page 2

Download and view the complete annual report

Please find page 2 of the 2000 CVS annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 44

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44

2000
A Year of Great Achievement
• Our total sales jumped 13% on a comparable
52-week basis to $20.1 billion.
• Same store sales rose 11%,while pharmacy same
store sales climbed 18%.
• Our earnings per share advanced 18% on a
comparable 52-week basis.
• We once again filled more prescriptions than any
other retailer in America,dispensing approximately
300 million in 2000.
• We opened 388 new and relocated stores,including
35 CVSProCare stores,and ended the year with a
record 4,133 stores.
• We entered new markets with substantial growth
potential:Chicago,Orlando and Tampa.
• We now operate approximately 1,100 extended-hour
stores,1,200 drive-thru pharmacies and 3,000 one-hour
photo labs—making life easier for our customers.
• We completed the acquisition of Stadtlander Pharmacy,
making CVS ProCare #1 in the fast-growing specialty
pharmacy market.
• We generated $384 million in free cash,significantly
higher than 1999’s level.
• Our stock price soared more than 50% and our market
capitalization grew to $24 billion.