Rite Aid shares are trading higher after the company reported better than expected Q1 FY24 earnings and issued strong guidance.
Portfolio Pulse from Benzinga Newsdesk
Rite Aid Corporation's shares are trading higher following the company's announcement of better than expected Q1 FY24 earnings and a positive guidance outlook.

June 29, 2023 | 11:19 am
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POSITIVE IMPACT
Rite Aid Corporation's stock is trading higher due to better than expected Q1 FY24 earnings and a positive guidance outlook.
Rite Aid Corporation reported better than expected earnings for Q1 FY24 and provided a positive guidance outlook. This news is directly related to the company's financial performance and is likely to have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100