Riocan REIT Q1 FFO $0.40 Down From $0.49 YoY, Sales $322.306M Down From $355.831M YoY

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Riocan REIT (TSX:REI) reported quarterly earnings of $0.40 per share. This is a 18.37 percent decrease over earnings of $0.49 per share from the same period last year. The company reported $322.306 million in sales this quarter. This is a 9.42 percent decrease over sales of $355.831 million the same period last year.