Rite Aid reports increased monthly same-store sales


CAMP HILL, Pa. Rite Aid experienced same-store sales increases last month, the chain announced Thursday.

For the five-week period ended May 31, Rite Aid posted an increase of 1.3 percent compared with the year-ago period. Total drug store sales during that period totaled $2.5 billion, a 47.9 percent increase over last year’s $1.7 billion.

Sales during the 13-week quarter ending May 31 increased by 1.5 percent, while pharmacy same-store sales increased by 1.4 percent, and front-end same-store sales increased by 1.7 percent. Total drug store sales for the quarter were $6.6 billion, a 48.5 percent increase.

Sales figures did not include those from Brooks-Eckerd stores. Rite Aid acquired the Brooks-Eckerd chain in June of last year and will not factor it into same-store sales until it releases figures for this month.

Rite Aid operates 5,004 stores in 31 states and the District of Columbia, making it one of the country’s largest drug store chains.

This ad will auto-close in 10 seconds