Rite Aid posts four-week sales increase

CAMP HILL, Pa. Rite Aid on Thursday reported a 2 percent same-store sales increase for the four weeks ended Jan. 26, representing a 2 percent lift in pharmacy same-store sales and a front-end same-store sales increase of 2 percent.

Same-store sales do not yet include Rite Aid’s acquired Brooks/Eckerd locations.

Total drug store sales for the four-week period increased 51.8 percent to $2 billion, including sales from the Brooks/Eckerd acquired stores.

Prescription revenue accounted for 68.9 percent of drug store sales, and third party prescription revenue represented approximately 95.9 percent of pharmacy sales.

For the 47-week period ended Jan. 26, pharmacy same-store sales were up 1.7 percent and front-end comp sales were up 0.5 percent.