Retail drugstore chain operator Rite Aid Corp. (RAD) said its April same-store sales decreased 4.0 percent year-over-year. April front-end same store sales were down 3.5 percent, hurt by an earlier Easter this year compared with last year; and Pharmacy same-store sales, including an approximate 454 basis points negative impact from new generic introductions, slid 4.2 percent. Prescription count at comparable stores slipped 0.2 percent over the previous year.
For the four-week period, total drugstore sales slid 4.6 percent to $1.9 billion, from last year's $1.99 billion. Prescription sales accounted for 67.9 percent of drugstore sales, while third party prescription sales represented 96.9 percent of pharmacy sales.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.