Rite Aid (RAD) August Comps Increased 1.6%, Front-End Comps Increased 0.6%
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Rite Aid Reports Same Store Sales for August
September 3, 2015 8:30 AM EDTCAMP HILL, Pa.--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE: RAD) today announced sales results for August.
Monthly Sales
For the five weeks ended Aug. 29, 2015, same store sales increased 1.6 percent over the prior-year period. August front-end same store sales increased 0.6 percent. Pharmacy same store sales, which included an approximate 222 basis points negative impact from new generic introductions, increased 2.1 percent. Prescription count at comparable stores decreased 0.3 percent over the prior-year period.
Total drugstore sales for the five-week period increased 1.6 percent to $2.546 billion compared to $2.507 billion for the same period... More
