Advertisement
Canada markets close in 1 hour 23 minutes
  • S&P/TSX

    21,661.56
    -78.64 (-0.36%)
     
  • S&P 500

    5,053.35
    -8.47 (-0.17%)
     
  • DOW

    37,792.13
    +57.02 (+0.15%)
     
  • CAD/USD

    0.7237
    -0.0016 (-0.22%)
     
  • CRUDE OIL

    85.23
    -0.18 (-0.21%)
     
  • Bitcoin CAD

    86,850.04
    -1,111.52 (-1.26%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,403.20
    +20.20 (+0.85%)
     
  • RUSSELL 2000

    1,964.87
    -10.83 (-0.55%)
     
  • 10-Yr Bond

    4.6630
    +0.0350 (+0.76%)
     
  • NASDAQ

    15,873.71
    -11.31 (-0.07%)
     
  • VOLATILITY

    18.60
    -0.63 (-3.28%)
     
  • FTSE

    7,820.36
    -145.17 (-1.82%)
     
  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     
  • CAD/EUR

    0.6809
    -0.0015 (-0.22%)
     

Rite Aid Reports In-Line Fiscal Q2 2019 Earnings, Shakes Up Board

Rite Aid Reports In-Line Fiscal Q2 2019 Earnings, Shakes Up Board

Rite Aid (RAD) reported its results for the second quarter of fiscal 2019 before this morning’s bell. Rite Aid’s total sales increased 1.4% YoY (year-over-year) to $5.4 billion from continuing operations, beating Thomson Reuters’ I/B/E/S estimates by $60.0 million. “During the quarter, we have been hard at work accelerating our standalone strategy to capitalize on key opportunities to grow our business,” said John Standley, Rite Aid’s chairman and CEO.