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Rite Aid's Q4 Sales Surge 24%, Bottom Line Beats

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Rite Aid Corporation RAD 0.49% reported its fourth-quarter results early Thursday morning. The company said that it earned $0.07 per share on revenue of $8.3 billion. Analysts were expecting the company to earn $0.06 per share on revenue of $8.4 billion.

Shares of Rite Aid were unchanged, as the company has agreed back in October 2015...