Rite Aid (RAD) Reports July Same-Store Sales
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Rite Aid Corporation (NYSE: RAD) reports July same store sales rose 4.1% over the prior-year period. Pharmacy same store sales increased 4.6%, while front-end same store sales increased 3.3%.
Total drugstore sales for the four-week period increased 1.8 percent to $1.287 billion compared to $1.264 billion for the same period last year. Prescription revenue accounted for 63.4 percent of drugstore sales, and third party prescription revenue represented 95.3 percent of pharmacy sales.
Total drugstore sales for the four-week period increased 1.8 percent to $1.287 billion compared to $1.264 billion for the same period last year. Prescription revenue accounted for 63.4 percent of drugstore sales, and third party prescription revenue represented 95.3 percent of pharmacy sales.
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