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RAD total, same-store sales in the black in June, company says

Front-end, pharmacy comps increase over June 2012

CAMP HILL, Pa. — Rite Aid's same-store sales increased by 0.7% in June, including increases in front end and pharmacy comps, the retail pharmacy chain said Wednesday.

Front-end comps for the chain increased by 0.4%, while pharmacy comps increased by 0.9%, including a 3.05% negative effect due to the introduction of new generic drugs. Same-store scripts decreased by 0.2%.

Total store sales were $1.927 billion, a 0.2% increase over June 2012.

For the 17-week period that ended Saturday, comps decreased by 1.7%, including a 0.4% increase in front-end comps and a 2.7% decrease in pharmacy comps and a 0.1% decrease in same-store scripts.

Total-store sales for the same period were $8.191 billion, a 2.1% decrease from the first 17 weeks of 2012.

 

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