Rite Aid same-store sales fell 0.4% in June

Last post 07-03-2008 4:19 PM by Seti03. 2 replies.

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07-03-2008 9:37 AM

karand
Joined on 07-10-2007
Posts 5,184

Rite Aid same-store sales fell 0.4% in June

Rite Aid Corp. Thursday said June same-store sales fell 0.4% while total drugstore sales fell 2.5% to $2.02 billion.

Comparable pharmacy sales fell 0.5% while front-end same-store sales were down 0.2%.

The company said its comparable sales were hurt by its Brooks Eckerd stores.

Excluding Brooks Eckerd, same-store sales rose 2.6%. Brook Eckerd comparable sales fell 6.2% from the prior year.

Shares of Rite Aid closed Wednesday at $1.36. The stock is down 79% over the past 52 weeks.

07-03-2008 9:53 AM In reply to

bearshop
Joined on 10-12-2007
Posts 823

Re: Rite Aid same-store sales fell 0.4% in June

thanks for the info!! everything is falling. I can't believe that GM's stock fell below $10

07-03-2008 4:19 PM In reply to

Seti03
Joined on 08-15-2007
Posts 2,812

Re: Rite Aid same-store sales fell 0.4% in June

Just a opnion. GM will need to Restructure. Period.

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