Rite Aid: Fiscal Q2 Earnings Snapshot
Rite Aid: Fiscal Q2 Earnings Snapshot
By AP News
Published - Sep 29, 2022, 07:14 AM ET
Last Updated - Jun 24, 2023, 05:58 AM EDT
CAMP HILL, Pa. (AP) _ Rite Aid Corp. (RAD) on Thursday reported a loss of $331.3 million in its fiscal second quarter.
The Camp Hill, Pennsylvania-based company said it had a loss of $6.07 per share. Losses, adjusted for one-time gains and costs, were 63 cents per share.
The drugstore chain posted revenue of $5.9 billion in the period.
Rite Aid expects full-year results to range from a loss of $1.52 per share to a loss of 97 cents per share, with revenue in the range of $23.6 billion to $24 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a RAD">Zacks stock report on RAD at https://www.zacks.com/ap/RAD
