OB_1170x120_9-14-20

Donigan

Rite Aid’s Q2 sales and earnings top projections

Rite Aid’s Q2 sales and earnings top projections

CAMP HILL, Pa. — Rite Aid’s second quarter sales and earnings beat Wall Street’s forecast. Adjusted earnings per share of 25 cents topped analysts’ projection of a 1 cent loss.  Revenue for the period ended August 29 climbed 11.5% to $5.98 billion, driven by store and PBM gains, and bettering the forecast $5.75 billion. The