Rite Aid reports November, quarter, YTD sales

CAMP HILL, Pa. — Rite Aid on Thursday announced sales results from November, its quarter and the year to date for the period ending Nov. 28. The company’s sales for November saw front-end sales rise 1.2% and a gain in pharmacy sales — which had about 26 basis points negative because of new generics being introduced — of 0.7%. Total store sales for November dropped 0.6% from the same period last year to $2.556 billion, with prescription sales making up 69.2% of sales. Third-party prescription sales made up 97.9% of pharmacy sales. 

 

For the quarter, same-store sales were up about 0.9% over the same period last year, with front end sales going up 0.3% and prescription counts at comparable stores up 0.2%. Total store sales were at %6.7 billion, an increase of 0.9% over the same period last year, with prescription sales making up 69.9% of total sales and third-party prescription sales constituting 97.9% of pharmacy sales. 

 

So far in 2015, Rite Aid’s same-store sales are up 1.9% over the same time last year, with a 0.4% rise in front-end same-store sales and a 1.2% rise in pharmacy same-store sale. Total store sales were up 18% to $19.9 billion, with pharmacy sales making up 69.5% of those and third-party prescriptions making up 97.8% of pharmacy sales.