2004 Annual Report

Financial Highlights
2004
2003
In millions, except per share
52 weeks
53 weeks % Change
Sales

$30,594.3

$26,588.0 15.1
Operating profit

1,454.7

1,423.6 2.2
Net earnings

918.8

847.3 8.4
Diluted earnings per common share

2.20

2.06 6.8
Stock Price at calendar year end

45.07

36.12 24.8
Market capitalization at calendar year end

18,071

14,281 26.5
Expanding Our Reach
Five years ago, CVS/pharmacy stores filled prescriptions in 4,098 stores in 26 states
and the District of Columbia. Today, we fill prescriptions in 5,375 stores across
36 states and Washington, D.C. More than 1,300 stores—25 percent of our current
store base—were built or acquired in new territories over the past five years. They
have given us a substantial presence in some of America's fastest growing markets.

  © 2005 CVS CORPORATION::INVESTOR.CVS.COM