Rite Aid Corporation (RADCQ)
| Market Cap | 546.85K |
| Revenue (ttm) | 23.48B |
| Net Income (ttm) | -1.64B |
| Shares Out | 54.69M |
| EPS (ttm) | -29.69 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 342 |
| Open | 0.0021 |
| Previous Close | 0.0400 |
| Day's Range | 0.0021 - 0.0021 |
| 52-Week Range | 0.0001 - 0.9600 |
| Beta | 1.26 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 17, 2024 |
About RADCQ
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 provides various other pharmacy services and an assortment of products comprising over-the-counter medications, health and beauty aids, personal care products, seasonal merchandise, cosmetics, household items, food and beverages, greeting cards, seasonal and seasonal merchandise, pet care, and a variet... [Read more]
Financial Performance
In 2022, Rite Aid's revenue was $24.09 billion, a decrease of -1.94% compared to the previous year's $24.57 billion. Losses were -$749.94 million, 39.3% more than in 2021.
Financial StatementsNews
Rite Aid sells 1K pharmacies to rivals — including CVS, Walgreens — after second bankruptcy filing
The sale agreements follow its second bankruptcy filing in two years.
Rite Aid heading for bankruptcy again, plans to cut jobs: report
The company was unable to secure additional capital from lenders that was needed to continue operating the business, Bloomberg reported, citing a letter from CEO Matthew Schroeder.
Rite Aid weighs repeat bankruptcy filing, WSJ reports
U.S. pharmacy chain Rite Aid is weighing a possible repeat bankruptcy after its recent financial restructuring failed to put the drugstore chain on a sustainable path, the Wall Street Journal reported...
Rite Aid Prepares Repeat Bankruptcy Filing
The drugstore chain is evaluating options for its business, including another chapter 11 or sale of some or all of its operations.
Rite Aid Shares ‘ABCs' of Allergy Season to Help Nip Symptoms in the Bud
PHILADELPHIA--(BUSINESS WIRE)--Millions of Americans greet spring's arrival with itchy eyes, runny noses and sneezing fits. Rite Aid is here to help customers manage those persistent allergy symptoms ...
Choate Selected to Receive Restructuring Deal of the Year Award for Rite Aid Transaction
Choate has been selected to receive The M&A Advisor's Healthcare/Life Sciences Deal of the Year (Over $1B) Award for its role in the restructuring of Rite
Rite Aid Responds to California Wildfires, Providing Support to Customers, Associates and Affected Communities
PHILADELPHIA--(BUSINESS WIRE)--At Rite Aid, the health and safety of our customers and associates is our top priority. In response to the ongoing wildfires in Los Angeles, we remain committed to suppo...
NationsBenefits® Partners with Rite Aid to Enhance Health and Wellness Product Access Through Advanced Technology Integration Nationwide
PLANTATION, Fla.--(BUSINESS WIRE)-- #NationsBenefits--NationsBenefits®, the leading healthcare fintech, supplemental benefits and outcomes platform is thrilled to announce Rite Aid as the latest addit...
New Survey from Rite Aid Reveals Gaps in Consumer Awareness and Utilization of Pharmacist Expertise
PHILADELPHIA--(BUSINESS WIRE)--Rite Aid today released the results of a new survey* to better understand the ways in which consumers engage with their pharmacists, and uncover additional ways pharmaci...
UFCW 8-Golden State Members Ratify Northern California Rite Aid Contract
ROSEVILLE, Calif.--(BUSINESS WIRE)--UFCW 8-Golden State is proud to announce the overwhelming ratification of a new contract for the Union's members at Rite Aid stores in Northern California. "This vi...
Rite Aid Partners with Klarna to Offer Pay in 4 Option in All Stores
PHILADELPHIA--(BUSINESS WIRE)--Rite Aid, one of the nation's leading pharmacy retailers, today announced a new partnership with Klarna, the AI powered global payments network and shopping assistant, t...
Rite Aid Kicks Off “Tackle the Flu” Sweepstakes to Strengthen Community Health During Football Season
PHILADELPHIA--(BUSINESS WIRE)--Rite Aid today announced the launch of its “Tackle the Flu” sweepstakes—another way Rite Aid is helping to promote healthy communities and encourage customers to take an...
Rite Aid Emerges From Bankruptcy, Names CFO Matt Schroeder as CEO
Rite Aid has announced a leadership transition as it emerges from Chapter 11 bankruptcy. Jeffrey S.
Rite Aid Picks Insider CEO As Company Emerges From Bankruptcy
Rite Aid has selected long-time company executive Matt Schroeder as the company's new chief executive officer as the company exits federal bankruptcy protection.
Rite Aid to operate as private company as it emerges from Chapter 11 bankruptcy
U.S. drugstore chain Rite Aid said on Tuesday it would operate as a private company as it successfully completed its financial restructuring and emerged from Chapter 11 bankruptcy.
Rite Aid Corporation Names Matt Schroeder as Chief Executive Officer
PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (“Rite Aid” or the “Company”) today announced that Matt Schroeder has been appointed Chief Executive Officer after the Company's emergence from Chap...
Rite Aid Completes Restructuring Process and Emerges from Chapter 11
PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (“Rite Aid” or the “Company”) today announced that it has successfully completed its financial restructuring and emerged from Chapter 11, marking a ...
Rite Aid and Bartell Drugs Announce Availability of Appointments for Updated COVID-19 Vaccine
PHILADELPHIA--(BUSINESS WIRE)--Following FDA authorization and CDC recommendation, Rite Aid (OTC: RADCQ) today announced that scheduling is now available for eligible customers seeking the updated COV...
Rite Aid Announces Availability of Flu and RSV Vaccine Appointments at All Locations
PHILADELPHIA--(BUSINESS WIRE)--Rite Aid (OTC: RADCQ) today announced that appointments for influenza (flu) and respiratory syncytial (RSV) vaccines currently are available at all store locations, incl...
Lynch Carpenter Investigates Claims in Rite Aid Data Breach
PITTSBURGH, July 16, 2024 (GLOBE NEWSWIRE) -- Rite Aid Corporation (“Rite Aid”) recently announced that it suffered from a data breach which impacted the personal information of approximately 2.2 mill...
Rite Aid says some customers personal information was accessed during a hack
Rite Aid Corp. RADCQ, said Monday it is mailing letters to consumers who may have been affected by a hack involving personal information. The drugstore chain, which filed for bankruptcy last October, ...
Rite Aid Provides Notice of Security Incident
PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (OTC: RADCQ) is providing notice of an incident that involved certain consumers' personal information. We are mailing letters to any potentially aff...
Department of Justice Obtains $409 Million Settlement in Baron & Budd Whistleblower Lawsuit Against Rite Aid
WASHINGTON--(BUSINESS WIRE)--Today, the nationally recognized law firm Baron & Budd announced the U.S. Department of Justice has obtained a settlement against Rite Aid in a groundbreaking lawsuit brou...
US says Rite Aid to pay $101mln over alleged false rebate reporting
Rite Aid Corporation and several of its subsidiaries agreed to pay $101 million to resolve allegations of failing to accurately report drug rebates to Medicare, the U.S. Justice Department said on Wed...
CVS, Walgreens, Rite Aid closing stores: a brick and mortar downfall?
For years, U.S. pharmacy chains have been shuttering locations around the nation. It's a trend one industry expert says will continue, especially with the demand for online pharmacies.