Generics And Private Label Sales Will Drive CVS's Results

CVS Caremark will release its first quarter earnings for fiscal 2013 on May 1. The company delivered strong results for FY 2012 as net revenues grew by $16 billion over 2011 to reach $123 billion. This was supported by revenue growth of 24.7% and 6.8% in the Pharmacy Services Segment and Retail Pharmacy Segment respectively.