Rite Aid Reports Fiscal 2019 Third Quarter Results

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JPMorgan Reiterates Neutral on Rite Aid (RAD) Following 3Q Report

December 21, 2018 7:25 AM EST

JPMorgan analyst, Lisa Gill, reiterated a Neutral rating on Rite-Aid (NYSE: RAD) following the company's 3Q earnings report. Adjusted EBITDA was $13M above forecasts, with upside driven mainly on the gross profit line. Adjusted EPS of +$0.01 compared to estimates of -$0.01.

In the retail... More

Rite Aid (RAD) Tops Q3 EPS by 1c, Updates FY Guidance

December 19, 2018 4:18 PM EST

Rite Aid (NYSE: RAD) reported Q3 EPS of $0.01, $0.01 better than the analyst estimate of $0.00. Revenue for the quarter came in at $5.45 billion versus the consensus estimate of $5.45 billion.

Retail Same Store Sales Increased 1.6 Percent

GUIDANCE:

Rite Aid sees FY2019 revenue of... More