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proffetti

11/27/17 10:17 AM

#7803 RE: Tardis24 #7801

who provided that guidance?
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Brizdb

11/27/17 10:41 AM

#7804 RE: Tardis24 #7801

What sense does it make for CVS to buy 1900 stores that underperformed? CVS cherry picked the best stores.
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Brizdb

11/27/17 10:48 AM

#7806 RE: Tardis24 #7801

They didn't pay off their debt. They have $2.6 billion remaining after the partial store buyout from CVS. This is very good for the company because their annual interest payment has greatly decreased. Which could potentially leave room for positive earnings that they desperately need. It will be a hit or miss after the CVS partial buyout. Right now the interest payments alone (on the current 7.8 billion debt load) are eating up RAD profits. But they did not by any means pay off their full debt.