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Rite Aid Posts Q2 Loss As It Shifts Strategy

After its failed merger attempt with Walgreens Boots Alliance, Rite Aid has been developing a standalone strategy to move forward, but still saw a net loss in the second quarter.

CVS Posts Strong Q1

As CVS works to complete its health care related acquisition of Aetna, the drug store retailer posted a strong first quarter with both earnings and sales gaining. 

Merger Process Weighs On Rite Aid Q4 Results

For the 14-week fourth quarter, as its ongoing merger attempt with Walgreens Boots continued, Rite Aid posted a company net loss of $21.1 million, or two cents per diluted share, versus company net earnings of $65.6 million, or six cents per diluted share, in the 13-week period a year earlier.

CVS Posts Solid Q3

CVS advanced in its third quarter, posting a rise in net income, revenues and comps. However, the company said that market conditions required it to operate more efficiently, leading to the recent decision to trim staff.

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