Discussing Rite Aid’s Fiscal Q1 2019 Margins
Rite Aid (RAD) reported adjusted net income from continuing operations of -$11.5 million, or -$0.01 per share, in the fiscal first quarter of 2019 compared to an adjusted net income of -$9.2 million, or -$0.01 per share, in the same quarter of last year. The company, however, delivered results that were in line with Wall Street’s expectations.