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Rite Aid posts lower net income of USD41.4m for fiscal Q1 ended 31 May 2014

Drugstore Rite Aid (NYSE:RAD) stated on Thursday its net income of USD41.4m (USD0.04 per diluted share) for its fiscal first quarter ended 31 May 2014.

This marks a drop in net income when compared to USD89.7m or USD0.09 per diluted share recorded in the same quarter in the prior year....  

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