Rite Aid (RAD) Tops Q3 EPS by 2c, Revenue Comes in Light

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Rite Aid Reports Fiscal 2018 Third Quarter Results

January 3, 2018 4:20 PM EST

Third Quarter Net Income of $81.0 Million or $0.08 Per Diluted Share, Compared to the Prior Year Third Quarter Net Income of $15.0 Million or $0.01 Per Diluted Share Third Quarter Adjusted EBITDA of $214.2 Million, Compared to the Prior Year Third Quarter Adjusted EBITDA of $274.1 Million Company Presents Operating Results of the 1,932 Stores and 3 Distribution Centers in the Process of Being Sold to WBA as a Discontinued Operation Results from Continuing Operations are Fully Burdened for Corporate Administration Costs that Support Both Continuing and Discontinued Operations... More