Rite Aid (RAD) Reports In-Line Q4 Loss of 24c; Guides FY12
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Rite Aid Corp. (NYSE: RAD) reported Q4 EPS of ($0.24), in-line with the analyst estimate of ($0.24). Revenue for the quarter came in at $6.5 billion versus the consensus estimate of $6.38 billion.
Sees FY12 sales of $25.7-$26.1 billion, vs. the consensus of $25 billion. Sees comps up 0.5-2% over FY11. Sees FY12 loss of 42-64c, vs. the consensus loss of 10c.
Sees FY12 sales of $25.7-$26.1 billion, vs. the consensus of $25 billion. Sees comps up 0.5-2% over FY11. Sees FY12 loss of 42-64c, vs. the consensus loss of 10c.
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