Rite Aid Reports Fiscal 2019 First Quarter Results

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Rite Aid (RAD) Reports In-Line Q1 EPS, Revenues Beat; Offers FY19 EPS Mid-Point Outlook Above Consensus

June 27, 2018 4:21 PM EDT

Rite Aid (NYSE: RAD) reported Q1 EPS of ($0.01), in-line with the analyst estimate of ($0.01). Revenue for the quarter came in at $5.39 billion versus the consensus estimate of $5.32 billion.

First Quarter Net Loss from Continuing Operations of $41.7 Million or $0.04 Per Share, Compared to the Prior Year First Quarter Net Loss of $36.0 Million or $0.03 Per ShareFirst Quarter Adjusted Net Loss from Continuing Operations Per Share of $0.01,... More