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01/21/15 10:32 AM

#1861 RE: running bull #1860


Bull of the Day: Rite Aid (RAD) - Bull of the Day

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Zacks
By Todd Bunton
January 20, 2015 1:00 AM



Estimates have risen sharply for Rite Aid Corporation (RAD) following the company's better-than-expected fiscal 2015 third quarter results. Not only did Rite Aid crush earnings expectations, it beat revenue expectations thanks to a solid 5.4% jump in same-store sales. And management increased its full year sales and EPS guidance too.