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Rite Aid comps increase 0.4% in August
CAMP HILL, Pa. — Rite Aid posted a 0.4% increase in same-store sales for the month of August, the retail pharmacy operator said Wednesday.
The increase included a 2.4% increase in front-end comps and a 0.6% decrease in pharmacy comps. Total store sales for the five-week period that ended Saturday were roughly $2.41 billion, a 0.4% decrease from last year's $2.414 billion. Same-store prescription count increased by 4.5%.
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The comps keep coming for Dollar General
Same store sales increased 5.1% at Dollar General during the second quarter and the company remains on track to open more than 600 new stores this year.
Sales increased 10.4% to $3.95 billion during the second quarter ended August 3, thanks to the combination of same store sales growth and the addition of new stores. Net income increased 47% to $214 million in the second quarter compared to $146 million the prior year and earnings per share increased 52% 64 cents, inline with analysts’ consensus estimated, compared to 42 cents the prior year.