CVS posts November financial results

WOONSOCKET, R.I. CVS Caremark announced on Thursday that it experienced a same-store sales increase of 4.4 percent for November.

Pharmacy same-store sales also rose 4.4 percent, and were negatively impacted by about 450 basis points due to recent generic introductions. Front-end same-store sales rose 4.6 percent.

During the four-week period ended Nov. 24, the company opened 21 new stores, closed one location and relocated six others. As of Nov. 24, CVS operated 6,246 pharmacy locations in 40 states and the District of Columbia.