Pharmacy Sales

Rite Aid Corporation (NYSE: RAD) reported its fourth-quarter results early Thursday morning. The company said that it earned $0.07 per share on revenue of $8.3 billion. Analysts were expecting the company to earn $0.06 per share on revenue of $8.4 billion. Shares of Rite Aid were unchanged, as the...

In a report published Monday, JPMorgan analyst Lisa Gill upgraded shares of Rite Aid Corporation (NYSE: RAD) to Overweight from Not Rated with a $10 price target ahead of its fourth quarter results on Wednesday. Gill noted that Rite Aid's fourth quarter report will remain "somewhat...

Walgreens Boots Alliance Inc (NASDAQ: WBA) on Tuesday reported that December sales rose 10.2 percent to $7.92 billion from $7.18 billion a year ago. Total front-end sales rose 3.5 percent while comparable store front-end sales rose 2.6 percent. At the same time, customer traffic in comparable...

According to Edward J. Kelly of Credit Suisse, the promotional environment at drugstores was likely as competitive as ever during the holiday season. Kelly notes that recent Nielsen data indicates continued weak traffic trends were offset by price and mix as well as an uptick in percentage of items...