On Thursday, Rite Aid Corporation (NYSE:RAD)’s shares showed no change to $7.84.
Rite Aid Corporation (RAD) announced sales results of its retail pharmacy segment for December.
Monthly Sales
For the four weeks ended Dec. 26, 2015, same store sales decreased 0.1 percent over the prior-year period. December front-end same store sales increased 0.8 percent. Pharmacy same store sales, which included an approximate 207 basis points negative impact from new generic introductions, decreased 0.6 percent. Prescription count at comparable stores decreased 0.4 percent over the prior-year period.
Total drugstore sales for the four-week period were flat with sales of $2.212 billion compared to $2.212 billion for the same period last year. Prescription sales accounted for 64.6 percent of drugstore sales, and third party prescription sales represented 98.0 percent of pharmacy sales.
Year-to-Date
Same store sales for the 43-week period ended Dec. 26, 2015 increased 1.7 percent over the prior-year period. Front-end same store sales increased 0.4 percent while pharmacy same store sales increased 2.3 percent. Prescription count at comparable stores increased 0.5 percent over the prior-year period.
Rite Aid Corporation, through its auxiliaries, operates a chain of retail drugstores in the United States. The company sells prescription drugs and a range of other merchandise, counting over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other every day and convenience products.
ConocoPhillips (NYSE:COP)’s shares gained 0.21% to $46.70.
On the heels of the U.S. government’s recent lifting of the federal ban on the export of crude oil produced in the United States, NuStar Energy (NS) and ConocoPhillips (COP) declare they are loading what they believe to be the nation’s first export cargo of U.S.-produced light crude oil since the 40-year-old ban was lifted on December 18.
ConocoPhillips committed to sell Eagle Ford light crude oil/condensate to international trading company Vitol. The cargo is predictable to complete loading at NuStar’s North Beach Terminal located in the Port of Corpus Christi on December 31, 2015.
NuStar has invested heavily in recent years to expand its South Texas Crude Oil Pipeline System to move crude oil from the Eagle Ford Shale play to Corpus Christi. The company has also made major investments in its Corpus Christi terminal operations with the addition of more storage tanks, dock space and automated systems that allow the company to better accommodate and provide logistics services for its customers, counting the ability to load export-size cargoes from its docks.
“Based on our investments in Corpus Christi and our South Texas pipeline system, NuStar was well-positioned, equipped and staffed to right away start loading cargoes for export,” said NuStar President and CEO Brad Barron. “And we plan on further expanding our Corpus Christi operations to provide more options to our customers to move Eagle Ford Shale crude oil, whether it is being moved domestically or internationally. In fact, we are presently in the process of developing a second private dock in the Port of Corpus Christi.”
ConocoPhillips explores for, produces, transports, and markets crude oil, bitumen, natural gas, liquefied natural gas, and natural gas liquids worldwide. Its portfolio comprises shale and oil sands assets; lower-risk legacy assets in North America, Europe, Asia, and Australia; various international developments; and exploration prospects.
BofI Holding, Inc. (NASDAQ:BOFI)‘s shares dipped -0.75% to $21.05.
BofI Federal Bank, the nationwide bank partner of BofI Holding, Inc. (NASDAQ: BOFI), is proud to support Hope Leadership Foundation (“HLF”), a non-profit organization that works to reach San Diego’s disadvantaged youth.
BofI has committed to making an annual donation to support the endowed chair position and provide a year’s worth of financial literacy training to underprivileged youth in San Diego. This donation will be used for materials, equipment and field trips in support of the curriculum focused on financial literacy, banking and entrepreneurship.
“We are extremely happy with the generous donation from our partners at BofI,” said Willie Briscoe, Founder of Hope Leadership Foundation. “Their commitment to the kids in our community through direct financial support will go a long way toward assisting Hope Leadership Foundation achieve our mission of mentoring and developing youth in underserved communities.”
BofI Holding, Inc. operates as the holding company for BofI Federal Bank that provides consumer and business banking products through the Internet in the United States. The company’s deposits products comprise consumer and business checking, demand, savings, and time deposit accounts.
