Rite Aid boasts 2.4% increase in July same-store sales

CAMP HILL, Pa. — Rite Aid today announced same-store sales increased 2.4% for the four weeks ended July 25.

July front-end same-store sales increased 0.1%, while pharmacy same-store sales, which included an approximate 221 basis points negative impact from new generic introductions, increased 3.4%, and prescription count at comparable stores increased 0.7%.

Total drug store sales for the four-week period increased 2.1% to $2.016 billion.

Prescription sales accounted for 69.2% of drug store sales, and third-party prescription sales represented 97.8% of pharmacy sales.