Wal-Mart and Rite Aid Reveal Important News About Drug Related Sales

Rite Aid Corp. (NYSE:RAD): RiteAid slips despite a gain of 1.9% in November same-store sales. Total drug store sales climbed 1.4% to $2.4B. Q3 same-store sales gained 2%, while total sales surged 1.8% to $6.3B. RAD shares recently traded at $1.20, down $0.02, or 1.64%. Its market capitalization is $1.08 billion. They have traded in a 52-week range of $0.85 to $1.47. Volume today was 2,927,139 shares versus a 3-month average volume of 9,473,050 shares. The company’s trailing earnings are $-0.51 per share.

Wal-Mart Stores Inc. (NYSE:WMT): Wal-Mart is first out of the gate among retailers to offer generic cholesterol-lowering drug Lipitor (NYSE:PFE) at all of its stores. Wal-Mart will allow shoppers to call their local pharmacy or bring in a current prescription bottle to change their prescription on the spot. WMT shares recently traded at $58.54, down $0.36, or 0.61%. Its market capitalization is $201.67 billion. They have traded in a 52-week range of $48.31 to $59.40. Volume today was 4,993,240 shares versus a 3-month average volume of 12,171,400 shares. The company’s trailing P/E is 12.39, while trailing earnings are $4.72 per share.

Here’s how other top drug store stocks are trading:

Walgreen Co. (NYSE:WAG): WAG shares recently traded at $34.04, up $0.32, or 0.95%. They have traded in a 52-week range of $30.34 to $47.11. Volume today was 4,287,023 shares versus a 3-month average volume of 8,346,740 shares. The company’s trailing P/E is 11.58, while trailing earnings are $2.94 per share.

CVS Caremark Corporation (NYSE:CVS): CVS shares recently traded at $38.59, down $0.25, or 0.64%. They have traded in a 52-week range of $31.30 to $39.50. Volume today was 5,801,703 shares versus a 3-month average volume of 10,946,400 shares. The company’s trailing P/E is 15.39, while trailing earnings are $2.51 per share.