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4-Traders Homepage  >  Equities  >  Nyse  >  CVS Health    CVS

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CVS Caremark Corporation : CVS To Shut Down All 25 Beauty 360 Stores -WWD

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03/23/2012 | 07:05pm CEST

CVS Pharmacy will shutter all 25 of its Beauty 360 outlets this spring, Women's Wear Daily reported Friday citing the company.

"CVS/pharmacy has made the decision to refocus our efforts on the growth and development of our core CVS/pharmacy beauty business in order to satisfy a wider group of our customers. As a result, we will close all 25 Beauty 360 locations and cease operation of our Beauty 360 e-commerce business, effective May 19, 2012," the company, owned by CVS Caremark Corp. (CVS), said.

Full story at http://www.wwd.com/

-Dow Jones Newswires; 212-416-2900

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Financials ($)
Sales 2017 184 164 M
EBIT 2017 10 168 M
Net income 2017 5 376 M
Debt 2017 24 614 M
Yield 2017 2,45%
P/E ratio 2017 15,60
P/E ratio 2018 13,84
EV / Sales 2017 0,58x
EV / Sales 2018 0,55x
Capitalization 82 003 M
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 87,1 $
Spread / Average Target 8,2%
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NameTitle
Larry J. Merlo President, CEO & Non-Independent Director
David Wyatt Dorman Non-Executive Chairman
Jonathan C. Roberts Chief Operating Officer & Executive Vice President
David M. Denton Chief Financial Officer & Executive Vice President
Troyen A. Brennan Chief Medical Officer & Executive Vice President
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