Rite Aid (RAD) Tops Q4 EPS by 1c, Offers FY Guidance

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Rite Aid Reports Fiscal 2019 Fourth Quarter and Full Year Results

April 11, 2019 7:00 AM EDT

Fourth Quarter Net Loss from Continuing Operations of $255.6 Million or $0.24 Per Share, Compared to the Prior Year Fourth Quarter Net Loss of $483.7 Million or $0.46 Per Share Fourth Quarter Net Loss from Continuing Operations Includes $197 Million, or $0.19 Per Share of Income Tax Expense Related to an Increase in the Valuation Allowance Against the Companys Deferred Tax Assets Fourth Quarter Adjusted Net Loss from Continuing Operations of $13.3 Million or $0.01 Per Share, Compared to the Prior Year Fourth Quarter Adjusted Net Loss of $7.8 Million or $0.01... More