CVS and Walgreens got a boost from COVID-19 vaccine distribution

CVS and Walgreens initially struggled as the pandemic broke out across the U.S. but have made up for lost time in recent months as their role in distributing COVID-19 vaccines has helped boost sales. “That type of exposure is invaluable as consumers seek out alternative sites of care,” a CVS spokesman said. “Bottom line, as testing and vaccinations continue we expect an ongoing positive business impact.”