Rite Aid Corporation has reported flat sales results for its retail pharmacy segment for December.
For the four weeks ended December 26, 2015, same store sales decreased 0.1% over the prior-year period. December front-end same store sales increased 0.8%. Pharmacy same store sales, which included an approximate 207 basis points negative impact from new generic introductions, decreased 0.6%. Prescription count at comparable stores decreased 0.4% over the prior-year period.
Overall, the company reported that total drug store sales for the four-week period were flat with sales of $2.212 billion compared to $2.212 billion for the same period last year. Prescription sales accounted for 64.6% of drug store sales, and third party prescription sales represented 98% of pharmacy sales.
Rite Aid currently operates 4,558 stores.