Rite Aid (Rite Aid) Change in Same Store Sales % : 8.70% (As of Aug. 2023)

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What is Rite Aid Change in Same Store Sales %?

Same-store sales, also known as comparable-store sales, is the most important financial metric in the retail industry to evaluate the performance of existing stores. It equals the percentage growth of the average sales per store from the previous period to current period.

A positive number indicates that more sales are generated in the same store compared with the previous period, which suggests growing demand. The higher the number is, the more growth the retailer has.

Rite Aid's Change in Same Store Sales % for the quarter that ended in Aug. 2023 was 8.70% , which is higher than 8.40% for the pervious quarter ended in May. 2023.

Rite Aid's Change in Same Store Sales % for the annual that ended in Feb. 2023 was 6.90% , which is higher than 4.50% for the pervious year ended in Feb. 2022.

The historical rank and industry rank for Rite Aid's Change in Same Store Sales % or its related term are showing as below:

RADCQ's Change in Same Store Sales % is not ranked ^*
in the Healthcare Providers & Services industry.
Industry Median:
* Ranked among companies with meaningful Change in Same Store Sales % only.

Rite Aid Change in Same Store Sales % Historical Data

The historical data trend for Rite Aid's Change in Same Store Sales % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Rite Aid Change in Same Store Sales % Chart

Rite Aid Annual Data

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Sales per Store for Retailers (USD Mil)

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Rite AidQuarterly Data

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Change in Same Store Sales %

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Sales per Store for Retailers (USD Mil)

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Competitive Comparison of Rite Aid's Change in Same Store Sales %

For the Pharmaceutical Retailers subindustry, Rite Aid's Change in Same Store Sales %, along with its competitors' market caps and Change in Same Store Sales % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Rite Aid (OTCPK:RADCQ) Change in Same Store Sales % Explanation

A positive number indicates that more sales are generated in the same store compared with the previous period, meaning growing demand, while a negative number indicates the opposite. The higher the number is, the more growth the retailer has.

Same-store sales can be improved by two factors: average ticket size and the number of tickets. If each customer buys more, the average ticket size will increase. If more customers come to the store, the number of tickets will increase.

Rite Aid Change in Same Store Sales % Related Terms

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Rite Aid (Rite Aid) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Rite Aid Corp (OTCPK:RADCQ) » Definitions » Change in Same Store Sales %

Comparable Companies

Traded in Other Exchanges

RTA1:Germany

Address

1200 Intrepid Avenue, PO Box 3165, Philadelphia, PA, USA, 17105

Website

https://www.riteaid.com

Rite Aid Corp is a large retail drugstore chain in the United States. The company reports via two segments: retail pharmacy and pharmacy services. The retail pharmacy segment generates revenue primarily through the sale of prescription drugs, along with an assortment of merchandise that includes over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and numerous other everyday consumables. The pharmacy-services segment relates to EnvisionRx, a fully owned subsidiary that operates as a pharmacy benefit management provider offering a broad range of pharmaceutical services.

Executives

Christopher W. Dupaul	officer: Chief Operating Officer	1200 INTREPID AVENUE, 2ND FLOOR, PHILADELPHIA PA 19112
Sabatino Thomas J Jr	officer: Chief Legal Officer	C/O JAN STERN REED BAXTER INTERNATIONAL, ONE BAXTER PARKWAY DF2 2W, DEERFIELD IL 60015
Steven Bixler	officer: Chief Accounting Officer	C/O RITE AID CORPORATION, 30 HUNTER LANE, CAMP HILL PA 17011
Heyward R Donigan	officer: Chief Executive Officer	452 DISCOVERY ROAD, VIRGINIA BEACH VA 23451
Jocelyn Z Konrad	officer: Executive VP	RITE AID CORPORATION, 30 HUNTER LANE, CAMP HILL PA 17011
Ray Smithberger	officer: SVP, Operations	30 HUNTER LANE, CAMP HILL PA 17011
Bari A Harlam	director	C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Paul D Gilbert	officer: EVP, Secretary&General Counsel	103 POWELL COURT, SUITE 200, BRENTWOOD TN 37027
Andre Persaud	officer: EVP, Retail	30 HUNTER LANE, CAMP HILL PA 17011
Dan Robson	officer: President, EnvisionRXOptions	30 HUNTER LANE, CAMP HILL PA 17011
James J Peters	officer: Chief Operating Officer	C/O NXSTAGE MEDICAL, INC., 350 MERRIMACK STREET, LAWRENCE MA 01843
James J Comitale	officer: EVP, General Counsel, Secy.	30 HUNTER LANE, CAMP HILL PA 17011
Jessica Kazmaier	officer: EVP, Chief HR Officer	30 HUNTER LANE, CAMP HILL PA 17011
Justin L. Mennen	officer: EVP, Chief Information Officer	30 HUNTER LANE, CAMP HILL PA 17011
Katherine B Quinn	director	US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402