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As a result of the rough quarter, Rite Aid lowered its fiscal 2024 outlook and warned buyers it expects to lose between $650 million and $680 million for the complete year, which is slated to end in late February. The beleaguered drugstore chain has been grappling with slowing gross sales, mounting debt and a slew of lawsuits that allege the corporate helped gasoline the nation’s opioid epidemic by oversupplying painkillers. …
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