RAD » Topics » RITE AID REPORTS SECOND QUARTER FISCAL 2010 RESULTS

This excerpt taken from the RAD 8-K filed Sep 24, 2009.
RITE AID REPORTS SECOND QUARTER FISCAL 2010 RESULTS

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Second Quarter Net Loss of $.14 per Diluted Share Compared to Net Loss of $.27 per Diluted  Share in Prior Year Second Quarter

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Adjusted EBITDA of $216.5 Million Compared to Adjusted EBITDA of $219.9 Million in Prior Year Second Quarter

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Continued Strong Liquidity of $822.3 Million at Quarter End

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Significant Reduction in SG&A Year over Year

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Company Lowers Fiscal 2010 Outlook Based on Challenging Environment

CAMP HILL, PA (September 24, 2009) –Rite Aid Corporation (NYSE: RAD) today reported revenues of $6.3 billion and a net loss of $116.0 million or $.14 per diluted share for its fiscal second quarter ended August 29, 2009.  Adjusted EBITDA was $216.5 million or 3.4 percent of revenues.

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