Rite Aid July Same-Store Sales Up 4.6% - Quick Facts

(RTTNews) - Drugstore chain Rite Aid Corp. (RAD) said its July 2014 same-store sales increased 4.6 percent year-over-year. Monthly front-end same-store sales grew by 1.5 percent. Pharmacy same-store sales, that included an approximate 203 basis points negative impact from new generic introductions, rose 6.0 percent. Prescription count at comparable stores increased 3.9 percent over the prior-year period.

Total drugstore sales for the four-week period increased 4.1 percent to $1.975 billion from $1.9 billion last year. Prescription sales accounted for 68.6 percent of drugstore sales, and third party prescription sales represented 97.5 percent of pharmacy sales.