InvestorsHub Logo
Followers 20
Posts 2390
Boards Moderated 0
Alias Born 06/12/2016

Re: None

Tuesday, 11/21/2017 11:21:15 AM

Tuesday, November 21, 2017 11:21:15 AM

Post# of 330384
If you’re curious to know how the retail pharmacy giants stack up against one another on prescription sales, here are the top 5 pharmacy chains based on 2014 figures:

Retail Pharmacy Rx Revenues in 2014
CVS Health Around $48 billion in Rx revenues, $88.4 billion in pharmacy services revenue
Walgreens Around $49 billion
Express Scripts Around $38 billion
Walmart Around $18.8 billion
Rite Aid Around $18 billion

CVS Health

CVS Health calls itself the largest US pharmacy based on total prescription revenue.

According to its 2014 annual report, CVS Health made around $48 billion in Rx revenues. The report stated that last year’s prescription sales comprised 70.7% of the company’s $67.8 billion total retail revenue.

Additionally, CVS Health’s pharmacy services revenue, which includes mail-order service, totaled $88.4 billion in 2014.

CVS filled or managed 1.7 billion prescriptions and has more than 7800 retail drug stores in 44 states, plus the District of Columbia, Puerto Rico, and Brazil, according to the 2014 report.

In terms of reach, CVS estimates that it serves 5 million customers a day across its retail pharmacies.

The pharmacy giant also noted that it has had 11 consecutive years of dividend increases. CVS ranked No. 12 on the Fortune 500 list for 2014.

Walgreens

With $76.4 billion in sales at fiscal year-end August 2014, and prescription drugs accounting for 64.2% of sales, Walgreens’ prescription revenues are estimated around $49 billion. In 2013, prescriptions accounted for a slightly lower percentage (62.9%).