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Rite Aid cuts FY23 adjusted EPS view to ($2.18)-($1.78) from ($1.52)-(97c)

Consensus ($1.78). Tightens FY23 revenue view to $23.7B-$24B from $23.6B-$24B, consensus $23.73B. Sees FY23 adjusted EBITDA $410M-$440M. Sees FY23 capital expenditures $225M. Expects to generate positive free cash flow in FY23.

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Published first on TheFly

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