Rite Aid Posts 1.1% Jump in January Sales

NEW YORK ( TheStreet) -- Rite Aid ( MGM) reported a 1.1% jump in January same-store sales.

Sales on the front-end grew 2.2%, while pharmacy sales inched up 0.6%.

Shares of Rite Aid are rising 2.7% to $1.13 in pre-market trading.

--Written by Jeanine Poggi in New York.

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