CVS's Cigarette Ban Appears To Have Boosted Sales

November 4, 2014 6:55 PM

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CVS's move to ban cigarette sales earlier this year seems to be paying off.

Revenue jumped 9.7 percent in CVS' latest quarter from the same period a year ago, the company, which has rebranded itself as CVS Health, reported on Tuesday. That was due in part to a nearly 16-percent gain in revenue for CVS's pharmacy services, which rose to $22.5 billion in the quarter from $19....

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