Seeking Alpha

Rite Aid records higher March same-store sales, shares +2.6%

  • Rite Aid (RAD +2.6%) joins Walgreen (WAG +0.8%) in reporting higher same-store sales for March; RAD says same-store sales climbed 0.7% and pharmacy comps rose 3.5% helped by a 1.1% increase in prescriptions, but front-end sales slipped 5% due in part to a late Easter.
  • Alan Stacy's calculation shows total drugstore sales for the month, which rose 0.4% to $1.95B, would have increased by 1.7% if Easter had fallen in March.
  • Earlier: Walgreen comp sales up 3.5%.
Comments (1)
  • 69rougher
    , contributor
    Comments (2) | Send Message
     
    The upward march continues
    3 Apr, 04:16 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|