Buy custom CVS vs. Walgreens
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| Topic: |
Business
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| Number of pages / Number of words: |
14 / 3733 |
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In 2005 Walgreens also spend more on purchasing back their own stock ($515 million dollars) nearly 12 million shares vs. 2 million shares ($76 million dollars) in 2004.
As far as CVS their income statement had the following key changes in the past two fiscal years. Net sales grew over 20% from $30.59 billion in 2004FY to $37 billion during 2005FY while net income increased 33% from $918...
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On the expense side the cost of goods and selling general & administrative costs went up significantly as well. Cost of goods for CVS in 2004FY were $22.56 billion, while in 2005FY it was $27.11 billion a 20% increase. The general & administrative costs went up at 20% also from $6.08 billion to $7.29 billion or a 23% jump...
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