The Pandemic May Have Saved CVS

·3 min read

In November, Amazon (NASDAQ: AMZN) launched its online pharmacy service, which not only allows customers to order prescriptions at a competitive price point, but also comes with the same expedited shipping Prime members are used to. Earnings per share came in at $2.04 versus Wall Street's estimated $1.72, while revenue was recorded at $69.1 billion, an improvement from the $68.39 billion analysts had expected. Early on in the pandemic, customers flocked to CVS to load up on supplies and prescriptions.