Rite Aid (RAD) Misses Q2 EPS by 25c, Revenues Beat; Offers FY21 EPS/Revenue Guidance
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Rite Aid Corporation Reports Fiscal 2021 Second Quarter Results
September 24, 2020 7:00 AM EDTRevenues 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
