Rite Aid Corp. is Today's Focus Stock on MicroStockProfit.com

DALLAS, April 8, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring Rite Aid Corp. (NYSE:RAD). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.

The full report is available at: www.microstockprofit.com/lp/RAD

Rite Aid Corp. (RAD) is a retail drugstore chain in the United States, operating in 31 states across the country and the District of Columbia. In its stores, RAD sells prescription drugs and front end products, which include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, beverages, convenience foods, greeting cards, seasonal merchandise, and various other everyday and convenience products, as well as photo processing products. The Company sells its products under the Rite Aid brand. It offers its products to customers covered by third party payors, such as insurance companies, prescription benefit management companies, government agencies, private employers or other managed care providers. It has a strategic alliance with GNC to operate GNC stores within Rite Aid stores. As of the fiscal year ended February 26, 2011, RAD operated 4,714 stores.

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In the report, the analyst notes:

"Shares of RAD gained Thursday after drugstore chain released fourth-quarter figures showing a narrowed loss and an increase in its adjusted EBITDA. The Company attributed the results to fewer charges, lower overhead costs and improving same-store sales, offset by higher lease termination and impairment charges. It also cited growth of its wellness+ loyalty program, which now has more than 36 million members. RAD's fourth-quarter net loss of $205.7 million, or 24 cents per share, was in line with analysts' expectations."

To read the entire report visit: www.microstockprofit.com/lp/RAD

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