RAD Falls On A Decline In Sales

Shares of drugstore chain Rite Aid Corp RAD slipped after the company reported a decline in its same stores sales for the month of June. The Camp Hill, Pennsylvania-based company posted a 2.5% fall in its same-store sales for the four weeks ended June 26. Rite Aid’s total sales dipped 3.3% to $1.91 billion. RAD’s shares dropped 4.13% to $0.94 at 12:49 pm. Read more from Benzinga's Company news.