Rite Aid October Same Store Sales Up 1% - Quick Facts

(RTTNews) - Drugstore chain Rite Aid Corp. (RAD), which recently agreed to be acquired by larger peer Walgreen Boots Alliance Inc. (WBA) in a $17.2 billion deal, reported sales results of its retail pharmacy segment for October.

For the four weeks ended October 24, 2015, same store sales increased 1.0 percent over the prior-year period.

October front-end same store sales decreased 0.5 percent. Pharmacy same store sales, which included an approximate 249 basis points negative impact from new generic introductions, increased 1.7 percent. Total drugstore sales increased 1.4 percent to $2.086 billion from $2.058 billion last year.

Same store sales for the 34-week period ended October 24, 2015 increased 2.2 percent over the prior-year period. Front-end same store sales increased 0.3 percent while pharmacy same store sales increased 3.0 percent. Total drugstore sales increased 2.2 percent with sales of $17.35 billion from $16.98 billion in the same period last year.