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Ford Motor Co. and Rite Aid Corporation Announcements: (NYSE: F), (NYSE: RAD)


New York, NY -- (ReleaseWire) -- 04/16/2013 --Ford Motor Co. (NYSE: F) is launching a new Vehicle Orientation program at dealerships nationwide this week that is designed to help bridge the gap between consumers and their cars by providing customers with access to a comprehensive online library of "video snacks," short videos that explain how to use specific vehicle features like Remote Start Systems, MyKey® and Integrated Blind Spot Mirrors.

While a customer is completing their sales transaction for a new vehicle at the dealership, the salesperson will walk them through an orientation guide of specific features they would like to learn about at delivery, at their Sync My Ride session or on their own.

"Our goal is to simplify and enhance the sales experience by providing customers with the resources they need when they need them so that they can fully enjoy all the benefits their vehicle has to offer them" said Andrew Ashman, Ford and Lincoln Consumer Experience Manager.

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Rite Aid Corporation (NYSE: RAD) reported net income for the fourth quarter and fiscal year ended March 2, 2013.

For the fourth quarter, the company reported revenues of $6.5 billion, net income of $123.1 million or $0.13 per diluted share and Adjusted EBITDA of $340.3 million or 5.3 percent of revenues.

For the full year, Rite Aid reported revenues of $25.4 billion, net income of $118.1 million or $0.12 per diluted share and Adjusted EBITDA of $1,128.4 million or 4.4 percent of revenues.

“Thanks to the hard work of our entire Rite Aid team, we generated outstanding results in the fourth quarter, which helped us to deliver one of the best full-year performances in company history,” said Rite Aid Chairman, President and CEO John Standley.

Rite Aid Corporation, through its subsidiaries, operates retail drugstores in the United States.

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