Rite Aid (RAD) reported earnings that missed estimates and has cut its 2015 outlook. The drugstore was hit by acquisition costs and increased expenses following its purchase of EnvisionRx. The chain reported earnings of $0.02 per share, down from last year’s $0.04 per share. Revenue topped estimates, coming in at $6.65 billion. Super market chain Kroger (KR) also reported results on Thursday. The super market chain has seen its stock increase over 50 percent in the last 12 months, benefiting from low energy prices and recent acquisitions.The Ohio based company posted profits of $1.25 per share, beating analyst estimates. Revenue was also up on last year’s numbers but missed Wall Street estimates, coming in lower than expected at $33.1 billion.
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