Full Transcript of Rite Aid’s F3Q06 (Qtr Ending Nov 26, 2005) Conference Call — Prepared Remarks (RAD)

Here’s the entire text of the prepared remarks from Rite Aid’s (ticker: RAD) fiscal Q3 2006 conference call. The Q&A is here. We recognize that this transcript may contain inaccuracies - if you find any, please post a comment below and we’ll incorporate your corrections. And please note: this conference call transcript is a Seeking Alpha product, so feel free to link to it but reproduction is not permitted without the explicit permission of Seeking Alpha.

Executives:

Kevin Twomey, Chief Financial Officer
Mary Sammons, President and Chief Executive Officer

Analysts:

Eric Weissman, Goldman Sachs, Analyst
Madres Adler, Lehman Brothers, Analyst
John Ransom, Raymond James, Analyst
Ed Kelly, Credit Suisse First Boston, Analyst
Alley Roginsky (ph), Citigroup, Analyst
Mark Wiltamuth, Morgan Stanley, Analyst
Steve Chick, J.P. Morgan, Analyst
Karen Miller, Bear Sterns, Analyst
Jeff Covalars (ph), Citigroup, Analyst
Steve Pollock (ph), Deutsche Bank Securities, Analyst

Presentation

Operator

Good morning my name is Lenin. I’ll be your conference facilitator today. At this time I would like to welcome everyone to the Rite Aid Third Quarter Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker’s remarks, there will be a question and answer session. If you would like to ask a question during this time simply press “*