April 8 (Reuters) - Rite Aid Corp reported a better-than-expected quarterly profit on Wednesday, and expected a renewed distribution agreement with McKesson Corp along with the remodeling of its wellness stores to benefit fiscal 2016 earnings.
* Dow, S&P, Nasdaq e-minis each up 0.1 pct or less (Adds Rite Aid , updates prices)
April 8 (Reuters) - Drugstore chain operator Rite Aid Corp's quarterly revenue rose 3.8 percent, helped by strong prescription sales that drove better-than-expected same-store sales growth.
Feb 11 (Reuters) - Drugstore operator Rite Aid Corp agreed to buy pharmacy benefit manager EnvisionRx for about $2 billion, looking to cut drug procurement costs as reimbursement rates fall.
location) Kmart: 40% off (Wednesdays only) (50+) Kohl's: 15% off (60+) Modell's Sporting Goods: 30% off Rite Aid : 10% off on Tuesdays & 10% off prescriptions Ross Stores: 10% off every Tuesday (55+) The Salvation Army Thrift
(Adds management comments, details on performance, updates shares)
Rite Aid has helped its prospects through a recent acquisition, but plenty of risks remain.
(Adds details from conference call, updates share movement)
(Reuters) - Rite Aid Corp , the third-largest U.S. drugstore operator, forecast fiscal 2015 sales above analysts' estimates as it benefits from the launch of new generic drugs and enrolls more...
4% of cigarette sales in the U.S., and CVS' actions may put pressure on other pharmacies, such as Walgreens and Rite Aid , to follow suit. However, given the fragmented and ubiquitous nature of convenience stores and gas stations, we believe