Investing.com - Rite Aid reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Rite Aid announced earnings per share of $-0.63 on revenue of $5.9B. Analysts polled by Investing.com anticipated EPS of $-0.50 on revenue of $5.77B.
Rite Aid shares are down 52.14% from the beginning of the year and are trading at $7.03 , down-from-52-week-high.
Rite Aid follows other major Consumer Staples sector earnings this month
Rite Aid's report follows an earnings beat by Costco on September 22, who reported EPS of $4.2 on revenue of $72.09B, compared to forecasts EPS of $4.15 on revenue of $71.64B.
General Mills had beat expectations on September 21 with first quarter EPS of $1.11 on revenue of $4.7B, compared to forecast for EPS of $0.99 on revenue of $4.72B.
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