Rite Aid Corporation (RAD)
| Market Cap | 1.11B |
| Revenue (ttm) | 24.04B |
| Net Income (ttm) | -90.91M |
| Shares Out | 55.22M |
| EPS (ttm) | -1.70 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | June 22 |
| Last Price | $19.90 |
| Previous Close | $20.67 |
| Change ($) | -0.77 |
| Change (%) | -3.73% |
| Day's Open | 19.94 |
| Day's Range | 19.52 - 20.45 |
| Day's Volume | 1,641,823 |
| 52-Week Range | 8.86 - 32.48 |
Strength in PBM and Elixir and expanded omnichannel services are likely to have aided Rite Aid (RAD) in Q1. However, rising pandemic costs and low testing demand are likely to have been worrisome.
Rite Aid (RAD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) today announced that Andre Persaud has been named chief retail officer. Persaud was appointed executive vice president, retail for Rite Aid in Febru...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) said today that it will release financial results for its Fiscal 2022 First Quarter, which ended May 29, 2021, on Thursday, June 24, 202...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) is proud to support the White House and the National Month of Action by extending vaccination hours at select locations in June to make it easier to...
Drugstore chain Rite Aid Corporation (NYSE:RAD) is the largest chain on the East Coast and the third largest in the U.S. The stock is up 32.2% in 2021, with its 320-day moving average serving as a stabl...
CVS (NYSE: CVS), Walgreens (NASDAQ: WBA) and Rite Aid (NYSE: RAD) shares lost ground Wednesday after a Business Insider report that Amazon (NASDAQ: AMZN) is considering entering the physical pharmacy re...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) today announced it is administering COVID-19 vaccines to anyone 12 or older at all locations offering the Pfizer vaccine, following the latest guida...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) today announced it is administering COVID-19 vaccines to anyone 12 or older at all locations offering the Pfizer vaccine, following the latest guida...
Delivery platform Instacart is teaming up with convenience pharmaceutical company Rite Aid for delivery of everyday needs in as little as two hours, according to a Tuesday (May 11) press release. “Amids...
The drugstore chains are also expanding community clinics and signing deals with employers to reach Americans who may be busy or hesitant.
Rite Aid is the latest retailer to expand U.S. availability of Covid-19 vaccines, offering them at all locations.
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) today announced it is now administering the COVID-19 vaccine at all locations, spanning more than 2,500 stores in 17 states. Following the latest gu...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) today announced that it has issued a notice of redemption (the “Redemption”) for all $90,808,000 aggregate principal amount of its outst...
Rite Aid's (RAD) Q4 results gain from RxEvolution strategy, strength in Elixir brand and robust online growth. However, COVID-related costs woes and lesser cases of cough, cold and flu are concerns.
The pandemic is a two-sided coin for the pharmacy and drug store category. Consumers needed more preventative health products, but they also took better care of themselves.
Shares of Rite Aid (NYSE:RAD) fell 0.4% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 110.81% year over year to ($0.78), which missed the es...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) today reported operating results for its fourth quarter and fiscal year ended February 27, 2021. For the fourth quarter, the company rep...
The first big week of the new earnings season continues with several big companies reporting earnings before Thursday's opening bell.
Solid performance in PBM and Elixir along with expanded omnichannel services is expected to have aided Rite Aid's (RAD) Q4 revenues. However, COVID-19 woes remain concerns.
We start with the good news from RH.
Social distancing has dampened demand for cold and flu medicine.
With the trading day more than halfway over, the broad markets were trading sideways. The Dow Jones industrial average and S&P 500 were each more or less flat on the day, while the Nasdaq was lagging ye...
Shares of Rite Aid tumbled almost 20 percent on Thursday (March 25) after the pharmacy chain said that a nearly 40 percent decline in its high-margin cough, cold and flu remedies business this winter “s...
Adverse COVID-19 impacts, lesser cases of cold, cough and flu and unfavorable weather weighed on Rite Aid's (RAD) Q4 results. Also, it updated fiscal 2021 view.
Rite Aid warned of a soft cold and flu season that's going to hit the company's bottom line worse than expected for its fiscal 2021.
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation's (NYSE: RAD) fourth quarter 2021 financial results were significantly impacted by a soft cough, cold and flu season, ongoing impacts related to COV...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid today announced it has extended the priority COVID-19 vaccine scheduling period for teachers, school staff and childcare providers, in accordance with a directi...
Penn National Gaming, CrowdStrike, Rite Aid and CleanSpark were our top stock trades for Wednesday. Now, let's get a look at the charts.
CAMP HILL, Pa.--(BUSINESS WIRE)--In accordance with a directive from the United States Department of Health and Human Services (HHS) and the Biden Administration, Rite Aid today announced expanded eligi...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) today announced expanded commitments to reduce toxic chemicals in the products it sells, doubling down on its efforts to ensure clean, safe product ...
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CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) is expanding no-charge COVID-19 self-swab testing to all drive-through locations, with 441 additional sites opening Friday, February 12, through its...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) is expanding its no-charge COVID-19 testing capabilities with 317 additional drive-through testing site locations opening across New Jersey, New Yor...
Is (RAD) Outperforming Other Retail-Wholesale Stocks This Year?
Americans feel a bit confident now about the labor market and the overall economic environment. Michaels (MIK), Rite Aid (RAD), DICK'S Sporting (DKS), Target (TGT) and Lowe's (LOW) will be a great addit...
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid (NYSE: RAD) is further expanding its no-charge COVID-19 testing capabilities with 60 additional drive-through locations opening on Friday, January 22, through i...
Rite Aid (RAD) reported earnings 30 days ago. What's next for the stock?
Rite Aid Corporation (RAD) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
Rite Aid (RAD) remains poised for solid growth ahead, driven by strength in online services, PBM market and Elixir.
Rite Aid Corporation (RAD) CEO Heyward Donigan Presents at 39th Annual JPMorgan Healthcare Conference (Transcript)
Rite Aid has given more than 5,000 Covid vaccations so far and it's seen the rollout's challenges firsthand, its CEO said.
The three drugstore chains have expanded their digital offerings and stepped up their focus on health and wellness to keep up with consumer preferences.
CAMP HILL, Pa.--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) announced today that Heyward Donigan, president and chief executive officer; Jim Peters, chief operating officer and Matt Schroeder, exe...
Short squeezes can fuel massive rallies in just a couple of days, making these some of the best stocks to buy when timed correctly. The post 7 Best Stocks to Buy for a Potential Short Squeeze appeared f...
Investors need to pay close attention to Rite Aid (RAD) stock based on the movements in the options market lately.
Is (RAD) Outperforming Other Retail-Wholesale Stocks This Year?
Consumer confidence declined for the second successive month in December. But these retailers - DICK'S Sporting (DKS), Beacon Roofing Supply (BECN), MarineMax (HZO), Rite Aid (RAD) Target (TGT) - could ...
99 new locations are to come on line Tuesday.
About RAD
Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment sells prescription drugs and an assortment of other merchandise, including over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, pet care, and other every day and convenience products, as well as brand and generic prescriptio... [Read more...]
| Industry Pharmaceutical Retailers | Founded 1927 |
| CEO Heyward Donigan | Employees 50,000 |
| Stock Exchange NYSE | Ticker Symbol RAD |
Financial Performance
In 2020, Rite Aid's revenue was $24.04 billion, an increase of 9.64% compared to the previous year's $21.93 billion. Losses were -$90.91 million, -79.90% less than in 2019.
Analyst Forecasts
According to 5 analysts, the average rating for Rite Aid stock is "Sell." The 12-month stock price forecast is 20.67, which is an increase of 3.87% from the latest price.