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 , still down 55.08% from its 52 week high of $15.65 set on Thursday, November 4, 2021.
Rite Aid follows other major Consumer Staples sector earnings this month
Rite Aid's report follows an earnings beat by Costco on Thursday, September 22, 2022, 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 Wednesday, September 21, 2022 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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar