CVS Health (CVS) 2003年年度报告「NYSE」.pdf

1、CVS Corporation 2003 Annual ReportCVS Corporation 2003 Annual ReportH_Narr_Cvrs 3/24/04 11:41 AM Page 3CVS is one of the nations largest and fastest-growing drugstore chains,with 4,179 stores in 32 statesand the District of Columbia.The mission of our 110,000 associates can be summed up in two words

2、:CVS easy.We want to be nothing less than the easiest pharmacy retailer for customers to use.Thatmeans convenient locations,drive-thru pharmacies,24-and extended-hour stores,and 1-hour photolabs with digital capabilities.It also means clean,neat stores with superior customer service andprescriptions

3、 that are ready when promised.Sales in 2003 reached a record-breaking$26.6 billion,generated by our retail locations and byPharmaCare Management Services,our PBM and specialty pharmacy division.With retail salesexceeding$800 per square foot,CVS averages approximately$100 more per square foot than ou

4、rnearest competitor and$200 more per square foot than the industry average.We hold the#1 marketposition in seven of the top 10 U.S.drugstore markets and the#1 or#2 market rank in nearly two-thirds of the top 100 U.S.drugstore markets in which we operate.CVS trades on the New York Stock Exchange unde

5、r the symbol“CVS”and at year-end had a marketcapitalization of more than$14 billion.On the cover:The Titusville CVS/pharmacy location that opened in November 2003 is one of our newstores in the fast-growing Florida markets.H_Narr_Cvrs 3/24/04 11:41 AM Page 4(1)TO OURCVS can look back over 2003 with

6、a great sense of accomplishment.We turned in the best performance in SHAREHOLDERS:our 40-year history,with sales hitting an all-time high of$26.6 billion.Our sales results improved steadilythroughout the year,finishing with a record-breaking holiday season.Same-store sales grew by 5.8 percent,while