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Rite Aid’s results impacted by merger process

Date : 27 April 2017

As Rite Aid reports its fourth quarter results we review the outlook for the business ahead of its impending merger with Walgreens Boots Alliance. Fourth quarter sales up 3.3% Fourth quarter revenues increased by 3.3% to $8.5bn, with retail pharmacy revenues increasing 4.3% to $7.1bn. Same…

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