Rite Aid (RAD) Announces May Same-Store Sales
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Rite Aid Corporation (NYSE: RAD) announced for the five weeks ended June 3, 2006, same store sales increased 4.0 percent over the prior-year period. Pharmacy same store sales increased 4.9%, while front-end same store sales were up 2.3%.
Total drugstore sales for the five-week period increased 3.4 percent to $1.680 billion compared to $1.624 billion for the same period last year. Prescription revenue accounted for 63.8 percent of drugstore sales, and third party prescription revenue represented 95.3 percent of pharmacy sales.
Total drugstore sales for the five-week period increased 3.4 percent to $1.680 billion compared to $1.624 billion for the same period last year. Prescription revenue accounted for 63.8 percent of drugstore sales, and third party prescription revenue represented 95.3 percent of pharmacy sales.
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