Rite Aid (RAD) Sept. Sames Store Sales Increase 1.5%

Rite Aid Corporation (NYSE: RAD) today announced sales results of its retail pharmacy segment for September.

Monthly Sales

For the four weeks ended Sept. 26, 2015, same store sales increased 1.5 percent over the prior-year period. September front-end same store sales decreased 0.1 percent. Pharmacy same store sales, which included an approximate 234 basis points negative impact from new generic introductions, increased 2.2 percent. Prescription count at comparable stores decreased 0.7 percent over the prior-year period.

Total drugstore sales for the four-week period increased 1.8 percent to $2.059 billion compared to $2.022 billion for the same period last year. Prescription sales accounted for 70.1 percent of drugstore sales, and third party prescription sales represented 97.8 percent of pharmacy sales.

Year-to-Date

Same store sales for the 30-week period ended Sept. 26, 2015 increased 2.3 percent over the prior-year period. Front-end same store sales increased 0.4 percent while pharmacy same store sales increased 3.2 percent. Prescription count at comparable stores increased 0.7 percent over the prior-year period.

Total drugstore sales for the 30 weeks ended Sept. 26, 2015 increased 2.3 percent with sales of $15.264 billion compared to $14.924 billion for the same period last year. Prescription sales represented 69.3 percent of total drugstore sales, and third party prescription sales represented 97.8 percent of pharmacy sales.

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