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Re: CortesInvestments post# 1416

Wednesday, 04/16/2014 3:28:29 PM

Wednesday, April 16, 2014 3:28:29 PM

Post# of 11276
Fool-worthy final thoughts
Rite Aid expects profit to increase again this year, and for sales to eclipse its 2010 levels. While the company is still carrying a lot of debt, it's far healthier now, suggesting Rite Aid may be able to refinance its 2018 debt maturity at more favorable terms before it comes due.

That's not to say there aren't remaining challenges facing the company. Rite Aid continues to trail CVS and Walgreen in integrating primary care into pharmacies, and Rite Aid is absent in key retirement markets like Florida.

As a result, it wouldn't be shocking to see Rite Aid leverage RediClinic as a way to enter the pharmacy market in both Texas and Florida in the future. In the meantime, it appears investors will continue to be rewarded given Rite Aid expects it will earn between $0.31 and $0.42 per share this year. http://www.fool.com/investing/general/2014/04/15/earnings-roundup-rite-aid-impresses.aspx

I am NOT a Financial Adviser. Nothing I say, post, or do should be considered financial advice. I may be holding a long, short or no position. I am NOT compensated to post on here and all my posts are for entertainment purposes only.

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