CVS Reports Record Fourth-Quarter Sales Without Tobacco

CVS Health reported Tuesday that its fourth quarter, the first full three-month period without tobacco sales, was the company’s best ever, according to Forbes. The company stopped selling tobacco products in September.

Net revenues increased 12.9 percent to a record $37.1 billion, the company said.

“2014 will be remembered as the year in which we rebranded our company as CVS Health and made the right decision to exit the tobacco category, better aligning our company with patients, payors, and providers,” CEO Larry Merlo said in a news release.

Full story of CVS and tobacco sales at drugfree.org

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Will Savage

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