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Rite Aid Corporation

RAD.N

Latest Trade

6.90USD

Change

-0.18(-2.54%)

Volume

436,418

Today's Range

6.64

 - 

7.19

52 Week Range

5.04

 - 

27.20

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
7.08
Open
7.11
Volume
436,418
3M AVG Volume
57.93
Today's High
7.19
Today's Low
6.64
52 Week High
27.20
52 Week Low
5.04
Shares Out (MIL)
53.81
Market Cap (MIL)
404.08
Forward P/E
-300.40
Dividend (Yield %)
--

Next Event

Q2 2020 Rite Aid Corp Earnings Call

Latest Developments

More

Rite Aid Recalls Folding Patio Chairs Due To Fall Hazard

Rite Aid Taps Bank Of America Merchant Services To Provide Payment Processing

Rite Aid Appoints Heyward Donigan As Chief Executive Officer

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About Rite Aid Corporation

Rite Aid Corporation is a retail drugstore chain. The Company's segments include Retail Pharmacy and Pharmacy Services. The Company operates under The Rite Aid name. It operates approximately 4,560 stores in over 30 states across the country and in the District of Columbia. The Company's Retail Pharmacy segment consists of Rite Aid stores, RediClinic and Health Dialog. It sells brand and generic prescription drugs, as well as an assortment of front-end products, including health and beauty aids, personal care products, seasonal merchandise, and a private brand product line. Its front-end products include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise and numerous other everyday and convenience products. The Company's Pharmacy Services segment consists of EnvisionRx, which provides a range of pharmacy benefit services.

Industry

Retail (Drugs)

Contact Info

30 Hunter Ln

+1.717.7612633

https://www.riteaid.com/

Executive Leadership

Bruce G. Bodaken

Chairman of the Board

Heyward R. Donigan

Chief Executive Officer, Director

Matthew Schroeder

Chief Financial Officer, Senior Vice President

Bryan B. Everett

Chief Operating Officer

David Abelman

Executive Vice President - Marketing

Key Stats

3.83 mean rating - 6 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

32.8K

2018

21.5K

2019

21.6K

2020(E)

21.6K
EPS (USD)

2017

1.200

2018

-0.400

2019

0.000

2020(E)

-0.025
Price To Earnings (TTM)
--
Price To Sales (TTM)
0.02
Price To Book (MRQ)
0.39
Price To Cash Flow (TTM)
--
Total Debt To Equity (MRQ)
349.34
LT Debt To Equity (MRQ)
348.21
Return on Investment (TTM)
-10.98
Return on Equity (TTM)
-7.68

Latest News

Rite Aid taps healthcare executive as its new CEO

Rite Aid Corp <RAD.N> on Monday named Heyward Donigan as chief executive officer, hoping to use her expertise in managing healthcare companies to stem sales declines at the drugstore chain due to intense competition.

Rite Aid names Heyward Donigan as CEO

Rite Aid Corp on Monday named Heyward Donigan as chief executive officer, effective immediately, months after announcing its restructuring plan.

UPDATE 3-Walmart raises U.S. tobacco purchase age to 21 starting in July

Walmart Inc said on Wednesday it will raise the minimum age to purchase tobacco products to 21 across its U.S. stores starting July 1, responding to growing regulatory and political pressure to curb a surge in teenage use of e-cigarettes.

Walgreens, Rite Aid set minimum age to sell tobacco products at 21 years

Drugstore retailers Walgreens Boots Alliance Inc and Rite Aid Corp will no longer sell tobacco products to customers who are below 21 years old, amid a crackdown on widespread teenage tobacco use.

Rite Aid shakes up top management, to cut about 400 U.S. jobs

Rite Aid Corp said on Tuesday its chief executive officer would exit as part of a revamp of its leadership, and that it would slash about 400 corporate positions.

Rite-Aid says CEO to step down, cuts about 400 corporate jobs

Drug store chain Rite-Aid Corp's chief executive officer, John Standley, will step down from the post and the company will reduce about 400 corporate positions as part of a restructuring.

Walgreens quarterly profit rises 36.8 percent

Drug store chain Walgreens Boots Alliance Inc reported a 36.8 percent rise in quarterly profit on Thursday, helped by the addition of Rite Aid stores.

Walgreens quarterly profit rises 88.5 pct

Walgreens Boots Alliance Inc reported an 88.5 percent rise in quarterly profit on Thursday, as more people brought prescription medicines from its pharmacies and it benefited from its acquisition of Rite Aid stores.

Rite Aid and Albertsons terminate merger amid opposition to deal

Drug store chain Rite Aid Corp <RAD.N> and U.S. grocer Albertsons Companies Inc <ABS.N> agreed to terminate their merger agreement, the companies said on Wednesday, a little over 10 days after a shareholder advisory firm opposed the deal.

Rite Aid and Albertsons Companies agree to terminate merger agreement

Drug store chain Rite Aid Corp and U.S. grocer Albertsons Companies Inc said on Wednesday they agreed to terminate their merger agreement.

Advisory firm ISS recommends against Rite Aid sale to Albertsons

Institutional Shareholder Services Inc (ISS), a shareholder advisory firm whose recommendations are followed by major mutual funds, said on Friday that Rite Aid Corp <RAD.N> investors should vote down its $24 billion merger with Albertsons Cos.

BRIEF-Rite Aid Announces Results Of Offer To Purchase Certain Of Its Outstanding Series Of Notes

* RITE AID ANNOUNCES RESULTS OF OFFER TO PURCHASE CERTAIN OF ITS OUTSTANDING SERIES OF NOTES

BRIEF-Rite Aid Entered Second Amended & Restated Debt Commitment Letter

* RITE AID - ON MAY 8 ENTERED SECOND AMENDED & RESTATED DEBT COMMITMENT LETTER TO GIVE CO $4.67 BILLION OF COMMITMENTS TO $5 BILLION BEST EFFORTS ABL FACILITY

UPDATE 1-Fred's Inc CEO Michael Bloom steps down

Fred's Inc, which was forced to abandon its bid to acquire certain stores of drug retailer Rite Aid Corp, said on Friday its Chief Executive Officer Michael Bloom has resigned.

BRIEF-Rite Aid Commences Offer To Purchase Certain Of Its Outstanding Series Of Notes

* RITE AID COMMENCES OFFER TO PURCHASE CERTAIN OF ITS OUTSTANDING SERIES OF NOTES

BRIEF-Naloxone Available At Rite Aid Pharmacies In 19 U.S. States

* RITE AID - NALOXONE, A MEDICATION THAT CAN BE USED TO REVERSE EFFECTS OF OPIOID OVERDOSE, IS AVAILABLE AT EACH OF MORE THAN 2,500 U.S. RITE AID PHARMACIES

Drug retailer Rite Aid's upbeat forecast lifts shares

Drug retailer Rite Aid Corp <RAD.N> on Thursday forecast a full-year profit largely above estimates as it expects reimbursement rates to rise this year and its deal with Walgreens to help it secure better generic drug prices.

BRIEF-Rite Aid Q4 Loss Per Share $0.46 From Continuing Operations

* RITE AID REPORTS FISCAL 2018 FOURTH QUARTER AND FULL YEAR RESULTS

Drug retailer Rite Aid's revenue misses estimates

Drug retailer Rite Aid, which is being bought by U.S. grocer Albertsons Cos Inc, posted smaller-than-expected fourth-quarter revenue, hurt by a decline in commercial business and prescription volumes.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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