Rite Aid August Same Store Sales Increase 1.6% - Quick Facts

(RTTNews) - Rite Aid Corp. (RAD) reported that its same store sales for the five weeks ended August 29, 2015, increased 1.6 percent over the prior-year period.

August front-end same store sales increased 0.6 percent. Pharmacy same store sales, which included an approximate 222 basis points negative impact from new generic introductions, increased 2.1 percent. Prescription count at comparable stores decreased 0.3 percent over the prior-year period.

Total drugstore sales for the five-week period increased 1.6 percent to $2.546 billion compared to $2.507 billion for the same period last year. Prescription sales accounted for 69.6 percent of drugstore sales, and third party prescription sales represented 97.9 percent of pharmacy sales.

Same store sales for the 13-week period ended August 29, 2015 increased 2.1 percent over the prior-year period. Front-end same store sales increased 0.3 percent while pharmacy same store sales increased 2.8 percent. Prescription count at comparable stores increased 0.2 percent over the prior-year period.

Total drugstore sales for the 13 weeks ended August 29, 2015 increased 1.9 percent with sales of $6.602 billion compared to $6.477 billion for the same period last year. Prescription sales represented 69.3 percent of total drugstore sales, and third party prescription sales represented 97.8 percent of pharmacy sales. Same store sales for the 26-week period ended August 29, 2015 increased 2.5 percent over the prior-year period. Front-end same store sales increased 0.5 percent while pharmacy same store sales increased 3.4 percent.