September 4, 2014
Rite Aid reported a 3.2% lift in sales for the 26 weeks ended August 30, ringing in $12.9 billion.
Same-store sales for the period increased 3.6% over the prior-year period. Front-end same store sales increased 0.6%, while pharmacy same store sales increased 5.1%. Prescription count at comparable stores increased 3% over the prior-year period.
Prescription sales represented 68.6% of total drug store sales for the 26 week period, and third party prescription sales represented 97.5% of pharmacy sales.
Same-store sales for the 13 week period ended August 30 increased 4.1% over the prior-year period. Front-end same store sales increased 1.1% while pharmacy same store sales increased 5.6%. Prescription count at comparable stores increased 3.7% over the prior-year period.
Total drug store sales for the 13 week period increased 3.7% with sales of $6.5 billion. Prescription sales represented 68.8% of total drug store sales.
Rite Aid posted sales of $2.5 billion for the five weeks ended August 30, representing a 3.7% lift. Same-store sales increased 3.9% over the prior-year period. August front-end same-store sales increased 1.1%. Pharmacy comparable sales, which included an approximate 219 basis points negative impact from new generic introductions, increased 5.2%. Prescription count at comparable stores increased 3.7% over the prior-year period.
Prescription sales accounted for 69.3% of drug store sales.
Source: Retailing Today
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