Rite Aid Reports Fiscal 2017 Third Quarter Results

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Rite Aid (RAD) Misses Q3 EPS by 2c

December 22, 2016 7:01 AM EST

Rite Aid (NYSE: RAD) reported Q3 EPS of $0.02, $0.02 worse than the analyst estimate of $0.04. Revenue for the quarter came in at $8.6 billion versus the consensus estimate of $8.22 billion.

Despite the difficult operating environment created by the extended duration of the merger process... More