Albertsons Q3 Sales, Adjusted Earnings Advance

Albertsons Q3 Sales, Adjusted Earnings Advance

As it continues pursuing a merger with The Kroger Co., Albertsons Cos. beat Wall Street estimates for third-quarter adjusted earnings and revenue. Net income was $375.5 million, or 20 cents per diluted share, versus $424.5 million, or 74 cents per share diluted share...
Rite Aid Q3 Exceeds Expectations Despite Loss

Rite Aid Q3 Exceeds Expectations Despite Loss

The third quarter spelled losses for Rite Aid Corp. but the company did beat Wall Street estimates as front-end comparable sales advanced. Third quarter net loss was $67.1 million, or $1.23 per share, compared to a net loss of $36.1 million, or 67 cents per share, in...

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