Rite Aid October sales up 5%

CAMP HILL, Pa. — Rite Aid on Thursday announced sales results of $2 billion for the four weeks ended Oct. 25, representing an increase of 5%. Same-store sales increased 5.5% over the prior-year period. October front-end same-store sales increased 2%. Pharmacy same-store sales, which included an approximate 228 basis points negative impact from new generic introductions, increased 7.1%. Prescription count at comparable stores increased 4.9% over the prior-year period.

 

Prescription sales accounted for 70.1% of drug-store sales, and third-party prescription sales represented 97.5% of pharmacy sales.

 

Same-store sales for the 34-week period ended Oct. 25 increased 4% over the prior-year period. Front-end same-store sales increased 0.9%, while pharmacy same-store sales increased 5.4%. Prescription count at comparable stores increased 3.4% over the prior-year period.

 

Total drug-store sales for the 34 weeks ended Oct. 25 increased 3.5% with sales of $17 billion. Prescription sales represented 68.9% of total drug-store sales, and third-party prescription sales represented 97.5% of pharmacy sales.