ECRM_1170x120_8-1-17

fiscal 2016

PBM deal costs impact Rite Aid 1Q earnings

PBM deal costs impact Rite Aid 1Q earnings

CAMP HILL, Pa. — Rite Aid Corp. saw sales edge up and earnings decline for its fiscal 2016 first quarter, and the company for the first time gave full-year guidance that includes its pending acquisition of pharmacy benefit manager EnvisionRx. Rite Aid said Thursday that for the first quarter ended May 30, net income totaled