Drug store chain reports loss
8:21 AM Thu, Dec 18, 2008 | Permalink
Email this author | Email this entry |
 |
Projo Biz Blog |
|
« Carcieri establishes panel to overhaul Economic Development Corporation |
Main
| Panel weighs changes to R.I. tax system »
Rite Aid Corp., the third-largest drugstore chain in the U.S. and in Rhode Island, this morning posted its sixth straight quarterly loss because of interest costs and store expenses. The third-quarter net loss widened to $243.1 million, or 30 cents a share, compared with $84.8 million, or 12 cents, a year earlier, the Camp Hill, Pennsylvania-based company said Rite Aid trails Woonsocket-based CVS Corp. and Walgreens in number of stores and sales. 
|
New comments
New photos
New posts
Projo blogs
Archives
Leave a comment