Rite Aid Touts Growth Initiatives Despite Q4 Net Loss

As it continues struggling to generate profits, Rite Aid posted a net loss from continuing operations of $255.6 million, or 24 cents per share, versus a net loss of $483.7 million, or 46 cents per share, in the year-earlier period.

Home Division Lifts Dorel In Q4

Dorel noted that the fourth quarter and full year’s sales improvements at its home division came despite some customers cancelling orders in response to tariffs being imposed in the U.S. during 2018’s second half.

Qurate Progresses In Fourth Quarter

In a fourth quarter when the company continued its integration efforts including those combining HSN and QVC operations, Qurate Retail recorded lower net income but increased sales growth across most of its retail platforms. 

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