Rite Aid September sales up 4.5% to $2 billion

CAMP HILL, Pa. — Rite Aid on Thursday reported $2 billion in sales for the four weeks ended Sept. 27, representing a 4.5% increase over the comparable year-ago period. 

 

Same-store sales increased 5.1% over the prior-year period, including a 2.3% lift in front-end same-store sales and growth of 6.3% in pharmacy comparable sales. Pharmacy same-store sales included an approximate 225 basis points negative impact from new generic introductions. Prescription count at comparable stores increased 4.4% over the prior-year period.

 

Prescription sales accounted for 69.5% of drug store sales, and third party prescription sales represented 97.6% of pharmacy sales.

 

Year-to-date, same-store sales for the 30-week period ended Sept. 27 increased 3.8% over the prior-year period. Front-end same-store sales increased 0.8% while pharmacy same-store sales increased 5.2%. Prescription count at comparable stores increased 3.2% over the prior-year period.

 

Total drug store sales for the 30 weeks ended Sept. 27 increased 3.3% with sales of $14.9 billion. Prescription sales represented 68.7% of total drug store sales, and third party prescription sales represented 97.5% of pharmacy sales.