Rite Aid Corp. July Same-store Sales Up 1.3% - Quick Facts

(RTTNews) - Retail drugstore chain operator Rite Aid Corporation (RAD) Thursday reported a 1.3 percent increase in the same-store sales for the four weeks ended July 27. Front-end same store sales increased 0.7 percent.

Pharmacy same store sales rose 1.6 percent, including about 307 basis points negative impact from new generic introductions. Prescription count for the four-weeks period increased 0.4 percent.

Total drugstore sales were up 0.9 percent to $1.898 billion. Prescription sales attributed about 67.7 percent of drugstore sales, and third party prescription sales represented 97 percent of pharmacy sales.