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Rite Aid Reports 1.9 Percent Same Store Sales Increase For July

Positive sales trends continued in July for Rite Aid as the company announced that same store sales increased 1.9 percent over the prior-year period. July front-end same store sales increased 3.1 percent while pharmacy same store sales, which included a negative impact from new generic introductions, increased 1.4 percent. Prescription count at comparable stores decreased 0.4 percent over the prior-year period.

In July, total drugstore sales increased 1.6 percent compared to the same period last year. Prescription revenue accounted for 67.6 percent of drugstore sales, and third party prescription revenue represented 96.5 percent of pharmacy sales.
In June, same store sales increased 1.8 percent over the prior-year period with front-end same store sales increasing 1.5 percent. Pharmacy same store sales, which included a negative impact from new generic introductions, were up 1.9 percent. Prescription count at comparable stores increased 0.4 percent over the prior-year period.

Since the beginning of the fiscal year on February 27, same store sales have increased 1.2 percent; with front-end same store sales up 0.9 percent and pharmacy same store sales increasing 1.3 percent. Prescriptions filled at comparable stores increased 0.3 percent over the prior-year period.