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Rite Aid's monthly same-store sales decline

9/30/2010

CAMP HILL, Pa. Same-store sales at Rite Aid dropped nearly 1% for the four weeks ended Sept. 25, the drug store chain said Thursday.

Rite Aid's same-store sales declined 0.9% over the prior-year period. Front-end same-store sales for Rite Aid also fell 0.3%. Additionally, pharmacy same-store sales decreased 1.2%, as prescriptions filled at comparable stores also decreased 1.3% compared with the year-ago period. Prescription revenue accounted for 68.5% of drug store sales, and third-party prescription revenue represented 96.2% of pharmacy sales, Rite Aid said.

Additionally, the chain also disclosed that total drug store sales for the four-week period decreased 2% to $1.9 billion, compared with the same period last year.

Last week, Rite Aid reported its financial earnings for the second quarter.

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