Retail

CVS Health (CVS) earnings Q2 2020 beat

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Customers shop at the CVS Pharmacy, on Morrissey Boulevard, in Dorchester, on April 2, 2020. Some pharmacy workers worry about unsafe conditions at their stores.

Pat Greenhouse | Boston Globe | Getty Images

CVS Health on Wednesday reported a strong second quarter and raised its outlook for the year, saying it is better positioned to weather the pandemic because of its diverse business, which includes its large drugstore chain and health benefits.

The health-care company beat analysts’ expectations for earnings and revenue in the fiscal second quarter.

Shares of the company were up about 3% in premarket trading.

“The environment surrounding COVID-19 is accelerating our transformation,…



Source cnbc.com

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