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How much was the flu worth to Rite Aid?

By - Last modified: January 31, 2013 at 11:28 AM

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Cumberland County-based drugstore chain Rite Aid Corp. brought home higher same-store sales results for January with a solid showing from the flu.

Same-store sales for the company rose 0.3 percent for the four weeks ending Saturday compared with the year-ago period, the company said.

The front-end sales component was up about 4.2 percent, with about 2.4 percent attributed to over-the-counter flu-related products.

Meanwhile, same-store pharmacy sales results were down about 1.4 percent with the introduction of new generic products.

But the prescription count at comparable stores was up about 5 percent in the period, with about 3.4 percent attributed to the flu — including flu shots, Rite Aid said.

Total drugstore sales during the four weeks were more than $1.91 billion, down about 0.5 percent by that measure.

As of Saturday, Rite Aid operated 46 fewer stores than it did at the comparable point a year ago, the release stated.

Shares of East Pennsboro Township-based Rite Aid are traded on the New York Stock Exchange under the ticker symbol RAD.

Brent Burkey

Brent Burkey

Brent Burkey covers York County, agribusiness, energy and environment, and workforce issues. Have a tip or question for him? Email him at brentb@cpbj.com. Follow him on Twitter, @brentburkey.

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