Head-to-Head in US Drugstore Retailing: CVS Health vs. Walgreens Boots Alliance

What's Inside

CVS Health and Walgreens Boots Alliance are the top retailers in the US drugstore sector, offering a wide variety of medicines and other products. As part of the Coresight Research Head-to-Head series, we provide analysis of the companies’ revenues, financial performances, customer purchase trends, store metrics, technological advancements and key strategies.

Data in this report include:

• Revenue, broken down by segment, for CVS Health and Walgreens Boots Alliance for fiscal 2017–2022
• Operating profits and margins for both companies for fiscal 2017–2022
• Proprietary Coresight Research data on retailers drugstore or pharmacy visitors purchased from in early 2023
• Store numbers for CVS and Walgreens for fiscal 2017–2022
• Monthly US store traffic for both companies for December 2021–December 2022

Companies mentioned in this report include: CVS Health, Microsoft, Signify Health, Summit Health and Walgreens Boots Alliance

Other relevant research:

• Market Outlook: US Drugstores—Focusing on Tech-Enabled Healthcare Solutions
• Walmart To Expand Its Health Footprint, Plans To Nearly Double Its Healthcare Centers by 2025
• US CPG—Consumer Health: Understanding a Category Marked by Spin-Offs
• All Coresight Research of the drugstore sector