Rite Aid same-store sales up slightly

CAMP HILL, Pa. Rite Aid today announced that for the four weeks ended June 30, same-store sales rose 0.7% over the prior-year period. Pharmacy same-store sales increased 0.6%. Front-end same store sales increased 1.1%.

Total drugstore sales for the four-week period increased 54.8% to $2.1 billion compared to $1.3 billion for the same period last year. Prescription revenue accounted for 66.8% of drugstore sales, and third party prescription revenue represented approximately 96% of pharmacy sales.

Same-store sales for the 17-week period ended June 30 increased 1.9%, consisting of a 2.2% pharmacy same-store sales increase and a 1.5% increase in front-end same-store sales.

Total drugstore sales for the 17 weeks ended June 30 increased 15.2% to $6.51 billion from $5.65 billion in last year's like period. Prescription revenue accounted for 65.2% of total drugstore sales, and third party prescription revenue was approximately 96% of pharmacy sales.