Rite Aid (RAD) Comps Fell 1.4% in Jan.

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Rite Aid Reports Same Store Sales for January

January 28, 2016 8:30 AM EST

CAMP HILL, Pa.--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE: RAD) today announced sales results of its retail pharmacy segment for January.

Monthly Sales

For the four weeks ended Jan. 23, 2016, same store sales decreased 1.4 percent over the prior-year period. January front-end same store sales decreased 1.9 percent. Pharmacy same store sales, which included an approximate 242 basis points negative impact from new generic introductions, decreased 1.2 percent. Prescription count at comparable stores decreased 1.0 percent over the prior-year period.

Total drugstore sales for the four-week period decreased 1.3 percent with sales of $2.000... More