Rite Aid (RAD) Tops Q3 EPS by 10c; Comps Fell 1.5%; Adjusts FY13 Outlook

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Go back to Rite Aid (RAD) Tops Q3 EPS by 10c; Comps Fell 1.5%; Adjusts FY13 Outlook

Rite Aid (RAD) Moves Higher on Surprise Q3 Profit, Boosted Outlook

December 20, 2012 7:24 AM EST

Rite Aid (NYSE: RAD) is moving higher this morning following solid third-quarter 2013 results and updated outlook for the rest of the year.

The retail pharmacy giant reported a 1.2 percent drop in quarterly EPS to $6.24 billion. The company swung to net income of $60.53 million, or 7 cents per share.... More