Rite Aid (RAD) May Comps Increase 2.1%

Rite Aid Corporation (NYSE: RAD) today announced sales results for May.

Monthly Sales

For the five weeks ended May 30, 2015, same store sales increased 2.1 percent over the prior-year period. May front-end same store sales increased 0.1 percent. Pharmacy same store sales, which included an approximate 179 basis points negative impact from new generic introductions, increased 3.0 percent. Prescription count at comparable stores increased 0.7 percent over the prior-year period.

Total drugstore sales for the five-week period increased 2.0 percent to $2.535 billion compared to $2.484 billion for the same period last year. Prescription sales accounted for 68.7 percent of drugstore sales, and third party prescription sales represented 97.8 percent of pharmacy sales.

Quarterly Sales

Same store sales for the 13-week period ended May 30, 2015 increased 2.9 percent over the prior-year period. Front-end same store sales increased 0.6 percent while pharmacy same store sales increased 3.9 percent. Prescription count at comparable stores increased 1.6 percent over the prior-year period.

Total drugstore sales for the 13 weeks ended May 30, 2015 increased 2.8 percent with sales of $6.603 billion compared to $6.425 billion for the same period last year. Prescription sales represented 69.1 percent of total drugstore sales, and third party prescription sales represented 97.7 percent of pharmacy sales.

Rite Aid is one of the nation’s largest drugstore chains. On May 30, 2015, the company operated 4,566 stores compared to 4,581 stores in the like period a year ago. Information about Rite Aid, including corporate background and press releases, is available through the company’s website athttp://www.riteaid.com. Note that all sales data in this release is preliminary, unaudited and subject to revision.

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