Rite Aid was right about its quarterly earnings forecast, posting profit for the third straight quarter after years of losses. The drugstore chain earned $89.7 million. Helping boost earnings: generic drugs, which are more profitable than brand name drugs. The company's gross margins rose to nearly 29 percent from 27 percent. But generics are also cheaper in price, and that caused revenues to drop. And sales at stores open at least a year fell 2-and-a-half percent in the fiscal first quarter.moreless
Please read the following before uploading
Do not upload anything which you do not own or are fully licensed to upload. The images should not contain any sexually explicit content, race hatred material or other offensive symbols or images. Remember: Abuse of the TV.com image system may result in you being banned from uploading images or from the entire site – so, play nice and respect the rules!