rite aid earnings

Rite Aid Earnings Highlight Another Rough Quarter

Rite Aid Corporation (RAD) announced a quarterly loss of 23 cents per diluted share, compared to a loss of 14 cents per share a year earlier, thanks to refinancing costs and falling revenues. Revenue for the quarter ending Aug. 28 was $6.2 billion, compared with $6.3 billion a year earlier, the company said in a statement. Same store sales fell 1.5%.

Rite Aid Reports Narrower Loss and Lower Revenue

Rite Aid posted Wednesday morning a narrower loss of $73.7 million, or 9 cents per in its fiscal first quarter, compared to last year's first quarter net loss of $98.4 million, or 11 cents per share.