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Rite Aid Reports in-Line EPS in the Second Quarter

Rite Aid Reports in-Line EPS in the Second Quarter

Rite Aid (RAD) reported a second-quarter adjusted net loss from continuing operations of $7.9 million or $0.01 loss per share. This loss compares to an adjusted net loss of $17.4 million or $0.02 per share in the corresponding quarter last year. The company delivered in line with Wall Street’s expectations for the quarter.