CVS Expects Sales Boost From Covid-19 to Wane

CVS Health Corp. got a sales boost from doling out more than 59 million Covid-19 vaccines and tens of millions of tests last year, but doesn’t expect the same benefit this year, the company said Wednesday.

Covid-19 vaccine and test demand surged during the end of last year as the Omicron variant swept through the U.S. CVS same-store sales, those from stores or digital channels operating for at least 12 months, rose 13% in the fourth quarter from a year earlier, when the vaccines were being authorized.

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