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Rite Aid same-store sales rise 3% in April

BY Dan Berthiaume

Camp Hill, Pa. – Same-store sales increased 3% in April 2015, compared to the same month a year earlier. April front-end same-store sales, which were negatively impacted by 0.9% due to a shift in the timing of Easter, decreased 0.5%.

Pharmacy same-store sales, which included an approximate 1.45% negative impact from new generic introductions, increased 4.6%. Prescription count at comparable stores increased 1.8% from the prior-year period.

Total drugstore sales for the four-week period increased 2.4% to $2.04 billion, compared to $1.99 billion. Prescription sales accounted for 68.9% of drugstore sales, and third-party prescription sales represented 97.7% of pharmacy sales.

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