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"Soft flu season compared to last year and the current competitive environment to remain promotional" - CFO of Rite-Aid on December 19 about disappointing earnings

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  • "Soft flu season compared to last year and the current competitive environment to remain promotional" - CFO of Rite-Aid on December 19 about disappointing earnings

    Rite-Aid, who cut the price of its flu shot by $5 to correspond to Flu Vaccine Week of December 8-14 reported disappointing earnings today:

    "We expect a soft flu season compared to last year and the current competitive environment to remain promotional," CFO Frank Vitrano said in a morning conference call.

    Walgreens reports tomorrow.
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