Wendy future of retail top

Rita Aid

Rite Aid Q2 earnings beat forecasts but fall short of projections

Rite Aid Q2 earnings beat forecasts but fall short of projections

CAMP HILL, Pa. — Rite Aid’s second quarter earnings beat analysts’ forecasts, but overall and same-store sales fell short of projections. Under new chief executive officer Heyward Donigan the chain reported adjusted earnings per share of 12 cents, well ahead of Wall Street’s expectation of 7 cents. But the retailer’s revenue of $5.37 billion missed

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