$CVS This was $76 in January. Then covid-19 hit. Except rather than bleed, CVS managed to GROW y/y in almost every reporting category in both Q1 and Q2. Clearly Q3 was profitable enough to make a $6B debt payment early. What’s not to like?
  • 3
@harrypott45 LMAO I wish it had only $6B in debt. CVS had $63B in debt as of Q2. It released updated guidance last month reflecting its decision to extinguish $6B ahead of schedule in Q3, dropping its current debt to $57B or less (I’m not sure how much it was already planning to pay). The ability to extinguish debt early is a great sign that it is maintaining healthy cash-flow during the pandemic.