Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

Weak Drug store comps- mild flu season??

Rite Aid Nov same store sales decrease 1.3%; warns on FY05 guidance (RAD) 3.64: Briefing.com consensus +1.1%. Company said that if current sales trends continue, the company's guidance for sales, same stores sales, net income and adjusted EBITDA for fiscal 2005 will fall below the low end of the ranges given on September 23, 2004. At that time the company said it expected sales to be between $16.9-17.0 bln (consensus $16.9 bln), with same store sales improving 2.75% to 3.25%; net income to be between $122 million and $150 million or between $0.16-0.22 per diluted share (consensus $0.21).

CVS Corp Nov same store sales increase 3.1%, Briefing.com consensus +5.0%. (CVS) 45.25: