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To: chowder who wrote (21591)9/23/2004 9:17:26 AM
From: chowder  Respond to of 23153
 
Here's the news on RAD ....

08:33 RAD Rite Aid beats by a penny, reaffirms Y05 guidance in line, completes refinancing (3.76 )

Reports Q2 (Aug) net of breakeven, $0.01 better than the Reuters Estimates consensus of ($0.01); revenues rose 1.8% year/year to $4.12 bln vs the $4.09 bln consensus. Company issues in-line guidance for Y05 (Feb), reaffirms EPS of $0.16-0.22, vs. Reuters Estimates consensus of $0.22, and revs of $16.9-17.0 bln, vs consensus of $16.97 bln. Co also announces it has completed a previously announced refinancing that includes a new $1.4 bln senior secured credit facility and a $400 mln three-year securitization facility