Rite Aid (RAD) Misses Q1 EPS by 1c; Updates FY16 Outlook

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Rite Aid Reports Net Income of $18.8 Million and Adjusted EBITDA of $299.3 Million for First Quarter Fiscal 2016

June 18, 2015 7:00 AM EDT

First Quarter Net Income of $18.8 Million and Net Income per Diluted Share of $0.02, Which Includes $0.02 of EnvisionRx Acquisition Related Expenses, Compared to Prior Years First Quarter Net Income of $41.4 Million and Net Income per Diluted Share of $0.04 First Quarter Adjusted EBITDA of $299.3 Million Compared to Adjusted EBITDA of $282.6 Million in Prior First Quarter Rite Aid Updates Outlook for Fiscal 2016 to Include the Expected Results of EnvisionRx

CAMP HILL, Pa.--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE:... More