Rite Aid (RAD) Misses Q4 EPS by 22c, Revenues Beat; Confirms FY21 Revenue Outlook

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Go back to Rite Aid (RAD) Misses Q4 EPS by 22c, Revenues Beat; Confirms FY21 Revenue Outlook

Rite Aid Corporation Reports Fiscal 2020 Fourth Quarter and Full Year Results

April 16, 2020 7:00 AM EDT

Provides Update on Impact of COVID-19 on the Business

Fourth Quarter Net Loss from Continuing Operations of $343.5 Million, or $6.43 Per Share, Compared to the Prior Year Fourth Quarter Net Loss of $255.6 Million, or $4.83 Per Share Fourth Quarter Net Loss from Continuing Operations Includes $320.6 Million, or $6.00 Per Share of Non-Cash Income Tax Expense Fourth Quarter Adjusted Net Loss from Continuing Operations of $19.9 Million, or $0.37 Per Share, Compared to the Prior Year Fourth Quarter Adjusted Net Loss of $13.3 Million, or $0.25 Per... More