Rite Aid (RAD) Misses Q2 EPS by 25c, Revenues Beat; Offers FY21 EPS/Revenue Guidance

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Go back to Rite Aid (RAD) Misses Q2 EPS by 25c, Revenues Beat; Offers FY21 EPS/Revenue Guidance

Rite Aid Corporation Reports Fiscal 2021 Second Quarter Results

September 24, 2020 7:00 AM EDT

Revenues Increased 11.5 Percent Driven by Growth in Both Retail Pharmacy and Pharmacy Services Segments Front-End Market Share Increased by 130 Basis Points in Dollars and 150 Basis Points in Unit Sales Net Loss from Continuing Operations Narrowed $65.5 Million to $13.2 Million, or $0.25 Per Share Adjusted EBITDA from Continuing Operations Increased $17.4 Million or 13% to $151.6 Million Company Issues Revised Fiscal 2021 Guidance

CAMP HILL, Pa.--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE:... More