More on Rite Aid's (RAD) FQ4: Same store sales fell 2% as pharmacty traffic fell off. SG&A...

|About: Rite Aid Corporation (RAD)|By:, SA News Editor

More on Rite Aid's (RAD) FQ4: Same store sales fell 2% as pharmacty traffic fell off. SG&A expenses as a percentage of revenue rose 100 bps to 26%. During the quaarter, the company relocated four stores, remodeled 112 stores and closed 10 stores. The company sees FY14 revenue of $24.9B-$25.3B vs. $25.24B consensus. (PR)