Rite Aid Reports Same Store Sales for September
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Rite-Aid's (RAD) Buy Rating Maintained at Deutsche Bank
October 1, 2015 3:33 PM EDTDeutsche Bank maintained a Buy rating on Rite-Aid (NYSE: RAD) with a price target of $9. Earlier Rite-Aid reported September comps increased 1.5%. In the view of analyst George Hill, soft script trends were not a surprise.
"Prescription count at comparable stores for the month decreased -0.7%. Pharmacy same store sales for September grew +2.2%, incorporating a -234 bps impact from new generic drug introductions.... More
Rite Aid (RAD) Sept. Sames Store Sales Increase 1.5%
October 1, 2015 8:32 AM EDTRite 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,... More
