The locally based retailer also posted its eleventh straight quarterly loss during its Q4. Same-store sales fell 2.4% in the period, and management predicts that figure could range from a 1% decline to a 1% gain in the current fiscal year.
Rite Aid lost $210.6 million during its fourth quarter. Executives forecast a full-year loss of between $355 million and $570 million in the coming year. Click here to read the full Associated Press report.
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