Rite Aid monthly sales continue to improve in July

Retail pharmacy chain posts 1.3% increase in comps, 0.9% increase in total sales

CAMP HILL, Pa. — Rite Aid had another month of positive sales growth in July, the retail pharmacy chain said Thursday.

Rite Aid said same-store sales for the four-week period that ended last Saturday increased by 1.3% compared with the same period last year. The increase included a 0.7% increase in front-end same-store sales and a 1.6% increase in pharmacy same-store sales. Same-store scripts increased by 0.4%. Total sales for the month were $1.898 billion, a 0.9% increase over $1.881 billion last year.

The increase in same-store sales for July represents an improvement not only over the same time last year, but over June as well, when they increased by 0.7%, including a 0.4% increase in front-end same-store sales and a 0.9% increase in pharmacy same-store sales, as well as a 0.2% decrease in same-store scripts.

For the 21 weeks that ended last Saturday, same-store sales decreased by 1.2%, including a 0.4% increase in front-end same-store sales and a 1.9% decrease in pharmacy same-store sales. Total sales for the same period were $10.089 billion, a 1.5% decrease from $10.247 billion during the same period last year.


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