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

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

RITE AID CORPORATION (RAD)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

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
[email protected]
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
04/19RITE AID CORP : Other Events, Financial Statements and Exhibits (form 8-K)
AQ
04/19RITE AID : Commences Offer to Purchase Certain of its Outstanding Series of Note..
BU
04/19RITE AID : Naloxone Available at Rite Aid Pharmacies in 19 States
BU
04/18RITE AID CORP : Regulation FD Disclosure (form 8-K)
AQ
04/18RITE AID : What's the deal with Rite-Aid?
AQ
04/18RITE AID : 1 arrested after deadly Gentilly shootout pit man against girlfriend'..
AQ
04/17Amex to end Plenti loyalty program in July
AQ
04/17RITE AID : Police searching for Rite Aid robber who took pills
AQ
04/17RITE AID : Suspected robber arrested in April 4 Kenmore drug store holdup
AQ
04/15RITE AID : Car crash leads to DWI arrest in Lower Township
AQ
More news
News from SeekingAlpha
04/19Rite-Aid launches offer to buy up to $700M of senior debt; shares up 1% after.. 
04/19Rite Aid's Merger Still Makes Sense 
04/16After Shareholder Backlash, Rite Aid-Albertsons Deal May Get Renegotiated 
04/13RITE AID : Good News Overlooked 
04/13Pushback builds against Rite Aid-Albertsons deal 
Financials ($)
Sales 2019 21 684 M
EBIT 2019 214 M
Net income 2019 -24,0 M
Debt 2019 2 221 M
Yield 2019 -
P/E ratio 2019 41,25
P/E ratio 2020 51,56
EV / Sales 2019 0,18x
EV / Sales 2020 0,18x
Capitalization 1 761 M
Chart RITE AID CORPORATION
Duration : Period :
Rite Aid Corporation Technical Analysis Chart | RAD | US7677541044 | 4-Traders
Technical analysis trends RITE AID CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 8
Average target price 2,00 $
Spread / Average Target 21%
EPS Revisions
Managers
NameTitle
John T. Standley Chairman & Chief Executive Officer
Kermit R. Crawford President & Chief Operating Officer
Bryan B. Everett Chief Operating Officer-Rite Aid Stores
Darren W. Karst Chief Financial & Administrative Officer, SEVP
Steve Rempel Chief Information Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
RITE AID CORPORATION-13.20%1 761
RAIA DROGASIL-23.00%6 790
PALTAC CORP2.29%3 206
GALENICA AG3.20%2 665
AIN HOLDINGS INC16.91%2 635
SOGO MEDICAL CO LTD-49.50%854