Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Rite Aid Corporation    RAD

Delayed Quote. Delayed  - 09/29 10:00:50 pm
7.57 USD   -1.94%
09/29 RITE AID : DreamShip Hot Air Balloon, Designed by Children of Americ..
09/28 RITE AID : How a pharmacy helped sons of late Air Force captain
09/27 RITE AID : Expands Naloxone Dispensing Program in Four Additional St..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Rite Aid Corporation : Rite Aid Reports 2.9 Percent Same Store Sales Increase for April

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/03/2012 | 01:10pm CEST

Rite Aid Corporation (NYSE: RAD) today announced sales results for April.

Monthly Sales

For the four weeks ended April 28, 2012, same store sales increased 2.9 percent over the prior-year period. April front-end same store sales increased 2.7 percent. Pharmacy same store sales, which included an approximate 311 basis points negative impact from new generic introductions increased 3.0 percent. Prescription count at comparable stores increased 3.8 percent over the prior-year period.

Total drugstore sales for the four-week period increased 2.5 percent to $1.993 billion compared to $1.945 billion for the same period last year. Prescription sales accounted for 67.9 percent of drugstore sales, and third party prescription sales represented 96.6 percent of pharmacy sales.

Year-to-Date Sales

Same store sales for the eight-week period ended April 28, 2012 increased 3.3 percent, consisting of a 3.6 percent front-end same store sales increase and a 3.1 percent increase in pharmacy same store sales. Prescriptions filled at comparable stores increased 3.2 percent over the prior-year period.

Total drugstore sales for the eight weeks ended April 28, 2012 increased 2.8 percent to $3.982 billion from $3.875 billion in last year's like period. Prescription sales accounted for 68.5 percent of total drugstore sales, and third party prescription sales represented 96.7 percent of pharmacy sales.

Rite Aid is one of the nation's largest drugstore chains. On April 28, 2012, the company operated 4,658 stores compared to 4,705 stores in the like period a year ago. Information about Rite Aid, including corporate background and press releases, is available through the company's website at http://www.riteaid.com. Note that all sales data in this release is preliminary, unaudited and subject to revision.

Statements in this release that are not historical are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are not guarantees of future performance and involve risks, assumptions and uncertainties that are described in Item 1A (Risk Factors) of our most recent Annual Report on Form 10-K and in other documents that we file or furnish with the Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they are made. Rite Aid expressly disclaims any current intention to update publicly any forward-looking statement after the distribution of this release, whether as a result of new information, future events, changes in assumptions or otherwise.

Rite Aid Corporation
Investors:
Matt Schroeder, 717-214-8867
investor@riteaid.com
or
Media:
Susan Henderson, 717-730-7766


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RITE AID CORPORATION
09/29 Deductibles For Employer Healthcare Plans Soar, Kaiser Family Foundation Repo..
09/29 RITE AID : DreamShip Hot Air Balloon, Designed by Children of America’s Mi..
09/28 RITE AID : How a pharmacy helped sons of late Air Force captain
09/27 RITE AID : Expands Naloxone Dispensing Program in Four Additional States
09/27 RITE AID : Flu shot clinic in North Tonawanda
09/26 RITE AID CORPORATION : Post Earnings Coverage as Rite Aid Q2 Topline Registers G..
09/23DJRITE AID : Business Watch -- WSJ
09/22DJRITE AID : Same-Store Sales Fall Amid Generics Pressure
09/22 RITE AID CORP : Results of Operations and Financial Condition, Financial Stateme..
09/22 RITE AID : 2Q profit drops on higher costs, revenue rises
More news
Sector news : Retail - Drugs without Grocery
09/22DJRITE AID : Same-Store Sales Fall Amid Generics Pressure
09/15 MCKESSON : German antitrust watchdog raids drugs distributors
09/14DJGoogle Acquisition Apigee's Revenue Climbs
09/14DJGoogle Acquisition Apigee's Revenue Climbs
09/09DJWALGREENS BOOTS ALLIANCE : To Divest Additional Stores -- WSJ
More sector news : Retail - Drugs without Grocery
News from SeekingAlpha
09/28 Walmart's Next Move Against Amazon
09/28 PE firms snooze on 650-unit Walgreens sale
09/25 Insights From Rite Aid's 2nd Quarter
09/23 RITE-AID : We Just Don't Know
09/23 WALL STREET BREAKFAST : OPEC's New Push For Output Freeze Deal
Advertisement
Financials ($)
Sales 2017 32 856 M
EBIT 2017 680 M
Net income 2017 147 M
Debt 2017 6 848 M
Yield 2017 -
P/E ratio 2017 52,72
P/E ratio 2018 33,72
EV / Sales 2017 0,45x
EV / Sales 2018 0,43x
Capitalization 7 941 M
More Financials
Chart RITE AID CORPORATION
Duration : Period :
Rite Aid Corporation Technical Analysis Chart | RAD | US7677541044 | 4-Traders
Full-screen chart
Technical analysis trends RITE AID CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 7
Average target price 8,83 $
Spread / Average Target 17%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
John T. Standley Chairman & Chief Executive Officer
Kenneth A. Martindale President & Chief Operating Officer
Darren W. Karst SEVP, Chief Financial & Administrative Officer
Steve Rempel Chief Information Officer & Senior Vice President
Joseph B. Anderson Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
RITE AID CORPORATION-3.44%7 941
RAIA DROGASIL SA89.12%6 725
AIN HOLDINGS INC21.08%2 192
ORIOLA KD OYJ-5.32%832
AUSTRALIAN PHARMACEUTI..-1.30%726
ADCOCK INGRAM HOLDINGS..-6.14%584
More Results