Rite Aid Oct. Same-Store Sales Up 5.5% - Quick Facts

(RTTNews) - Retail drugstore chain operator Rite Aid Corp.'s (RAD) four-week same-store sales grew by 5.5 percent year-over-year. In October, front-end same-store sales increased 2.0 percent. Pharmacy same-store sales, that included an approximate 228 basis points negative impact from new generic introductions, increased 7.1 percent. Prescription count at comparable stores increased 4.9 percent over the prior-year period.

Total drugstore sales for the four-week period increased 5.0 percent to $2.06 billion from $1.96 billion last year. Prescription sales accounted for 70.1 percent of drugstore sales, and third party prescription sales represented 97.5 percent of pharmacy sales.