Rite Aid (RAD) Same Store Sales Up 1.3% in May

June 5, 2008 8:10 AM EDT
Rite Aid Corporation (NYSE: RAD) May same store sales were up 1.3% on total drugstore sales of $2.539 billion, versus $1.716 billion in the same period last year. Pharmacy comps were up 1.4% and front-end comps were up 1.3%.

Prescription revenue accounted for 67.0% of drugstore sales, and third party prescription revenue represented 96.2% of pharmacy sales.

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores.

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