Rite Aid (RAD) Tops Q1 EPS by 10c; Sees Small Loss for the Year

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Go back to Rite Aid (RAD) Tops Q1 EPS by 10c; Sees Small Loss for the Year

Rite Aid Corporation Reports Fiscal 2023 First Quarter Results

June 23, 2022 7:00 AM EDT

Retail Comparable Store Prescriptions Increased 0.9 Percent Comparable Store Non-COVID Acute Prescriptions Increased 11.9 Percent Revenues of $6.01 billion, Compared to Prior Year Revenues of $6.16 billion Net Loss per Share of $2.03, Compared to Prior Year Net Loss per Share of $0.24 Adjusted Net Loss per Share of $0.60, Compared to Prior Year Adjusted Net Income per Share of $0.38, Driven by Non-Cash Impairment Charges and Cycling Prior Year COVID Vaccination Benefit Adjusted EBITDA of $100.1 million, Compared to the Prior Year Adjusted EBITDA of $138.9 million Increases Fiscal 2023 Revenue and Maintains Fiscal 2023 Adjusted EBITDA... More