TITLE

Rite Aid turns in strong quarter, tops expectations

PUB. DATE
October 2013
SOURCE
Chain Drug Review;10/14/2013, Vol. 35 Issue 16, p9
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the financial performance of the drug firm Rite Aid Corp. as of second quarter of 2014. It informs that bottom line increased to a net profit of 32.8 million U.S. dollars, revenues edged up 0.8 percent and same-store sales increased to one percent. It mentions that earnings before interest expense, taxes, depreciation and amortization (EBITDA) increased to 56.2 percent and gross margin expanded 148 basis points.
ACCESSION #
91665152

 

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