Thursday, September 26, 2019

Rite Aid jumped about 9% after reporting better-than-expected earnings

CNBC
Rite Aid’s stock surged by about 9% in pre-market trading Thursday after reporting better-than-expected earnings under new CEO Heyward Donigan.

The pharmacy chain’s overall sales, however, fell short of analysts’ forecasts for its fiscal second quarter for 2020 ended Aug. 31, as did sales as locations open for at least a year. . . . more