Rite Aid (RAD) Reports In-Line Q4 EPS

Go back to Rite Aid (RAD) Reports In-Line Q4 EPS

Rite Aid Reports Fiscal 2018 Fourth Quarter and Full Year Results

April 12, 2018 7:00 AM EDT

Fourth Quarter Net Loss from Continuing Operations of $483.7 Million or $0.46 Per Diluted Share, Compared to the Prior Year Fourth Quarter Net Loss of $25.1 Million or $0.02 Per Diluted Share Fourth Quarter Net Loss includes $325 million of income tax expense relating to the revaluation of the companys deferred tax assets in connection with the Tax Cuts and Jobs Act of 2017 (2017 Tax Act) and a goodwill impairment charge of $191 million, net of tax Fourth Quarter Adjusted Net Loss from Continuing Operations Per Diluted Share of $0.01, Compared to the Prior Year... More