Rite Aid Corporation (RADCQ)

OTCMKTS: RADCQ · Delayed Price · USD
0.150
+0.020 (15.38%)
Jun 25, 2024, 3:44 PM EDT - Market closed
Market Cap 8.48M
Revenue (ttm) 23.73B
Net Income (ttm) -946.46M
Shares Out 56.54M
EPS (ttm) -17.24
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 11,831
Open 0.150
Previous Close 0.130
Day's Range 0.150 - 0.150
52-Week Range n/a
Beta 1.29
Analysts n/a
Price Target n/a
Earnings Date n/a

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]

Sector Healthcare
Founded 1927
Employees 47,000
Stock Exchange OTCMKTS
Ticker Symbol RADCQ
Full Company Profile

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 Statements

News

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.

Other symbols: CVSWBA
1 day ago - Fox Business

Rite Aid bankruptcy plan approved, cutting $2 bln in debt

A U.S. bankruptcy judge on Friday approved Rite Aid's restructuring plan, allowing the pharmacy chain to cut $2 billion in debt and turn over control of the company to a group of its lenders.

4 days ago - Reuters

Rite Aid asks bankruptcy court to approve its restructuring plan

Rite Aid will ask a U.S. bankruptcy court to approve its restructuring plan on Thursday, seeking to cut $2 billion in debt and turn over control of the company to a group of its lenders.

5 days ago - Fast Company

Rite Aid seeks bankruptcy court approval to cut $2 billion debt

Rite Aid will ask a U.S. bankruptcy court to approve its restructuring plan on Thursday, seeking to cut $2 billion in debt and turn over control of the company to a group of its lenders.

5 days ago - Reuters

Rite Aid defeats MedImpact in $200 million Elixir sale dispute

MedImpact's attempt to recoup about $200 million related to its purchase of Rite Aid's pharmacy benefit unit failed after a judge ruled on Monday that it took on Elixir's debts when it bought the comp...

8 days ago - Reuters

Rite Aid is closing even more stores in 2024. See if yours is on the list.

Rite Aid is planning to close more stores in 2024 as part of its Chapter 11 bankruptcy. The drugstore chain has shuttered almost 550 locations since October, NBC reported.

12 days ago - Business Insider

Rite Aid to close over two dozen stores amid bankruptcy proceedings

Rite Aid said the proceedings would involve continued store footprint optimization.

13 days ago - New York Post

Rite Aid Expands Partnership with Instacart to Offer EBT SNAP Online Payment Option from more than 1,400 Locations

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid (OTC: RADCQ) today announced its expanded partnership with Instacart (NASDAQ: CART), the leading grocery technology company in North America, allowing use of an...

Other symbols: CART
20 days ago - Business Wire

Rite Aid and Bartell Drugs Host Monthly Immunization Days This Summer

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid (OTC: RADCQ) and Bartell Drugs will offer a monthly Family Immunization Day event from 10 a.m. to 6 p.m. the first Wednesday of each month, beginning May 1 thro...

2 months ago - Business Wire

Rite Aid and Uber Eats Add Alcohol Delivery in 8 States

Rite Aid has expanded its partnership with Uber Eats to include alcohol delivery in eight states.

Other symbols: UBER
2 months ago - PYMNTS

Rite Aid Expands Partnership with Uber Eats to Deliver Alcohol in Additional Markets

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid (OTC: RADCQ) today announced the expansion of its delivery partnership with Uber Eats to include alcohol in new markets. Nearly 1,000 select Rite Aid stores acr...

2 months ago - Business Wire

Rite Aid is closing even more stores: Full list and map of impacted locations marked in April 2024

More bad news for Rite Aid customers and employees. The beleaguered pharmacy chain has announced even more store closures will soon commence.

2 months ago - Fast Company

Rite Aid to close 53 more stores across 9 states amid bankruptcy proceedings

The company filed for bankruptcy in October in an attempt to address high debt.

2 months ago - New York Post

Rite Aid to close 53 more stores amid bankruptcy proceedings

Retail pharmacy chain Rite Aid has announced the closure of dozens of more stores in court filings, according to reports. The stores are in nine states.

2 months ago - Fox Business

Rite Aid Announces Availability of Opill at All Locations

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (OTC: RADCQ) today announced Opill, the first daily oral contraceptive FDA-approved for purchase without a prescription, is now available in all sto...

3 months ago - Business Wire

Rite Aid moves ahead on restructuring as sale efforts continue

Rite Aid, one of the largest U.S. pharmacy chains, received permission from a U.S. judge on Thursday to begin voting on a bankruptcy restructuring plan that would turn over most of the company's equit...

3 months ago - Reuters

Rite Aid reaches bankruptcy settlement with lenders, DOJ, McKesson

Pharmacy chain Rite Aid has reached a settlement with its lenders, the U.S. Department of Justice, and drug supplier McKesson Corp , clearing a path for Rite Aid to complete its bankruptcy case by lat...

Other symbols: MCK
3 months ago - Reuters

Rite Aid CMO Says Innovation Keeps Customers a Click Away From the Competition

In today's digital age, where competition is a click away, loyalty has become a cornerstone of customer retention and satisfaction for both retailers and financial institutions looking to drive and ca...

3 months ago - PYMNTS

Rite Aid Becomes Copia's First Retail Pharmacy Partner to Help Combat Food Waste and Support Communities

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid (OTC: RADCQ) today announced its partnership with food surplus tracking and donation platform Copia, as it furthers its efforts to reduce waste and make a meani...

4 months ago - Business Wire

Rite Aid Sheds More Assets In Sale Of Health Dialog's Population Health Business

Rite Aid is shedding more assets, disclosing plans for the “partial sale” of its Health Dialog business to Carenet Health, a provider of various patient engagement businesses.

4 months ago - Forbes

Rite Aid Enters into Agreement to Divest Majority of Health Dialog Assets

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Company”) today announced that it has entered into an asset purchase agreement (“APA”) for the partial sale of its ...

4 months ago - Business Wire

Rite Aid and Bartell Drugs Announce Additional Dose of Updated COVID-19 Vaccine Available for Customers Ages 65 and Older

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid (OTC:RADCQ) recently announced that appointments are now available for eligible customers ages 65 and older seeking an additional dose of the updated COVID-19 (...

4 months ago - Business Wire

Rite Aid Unveils New ‘It Means More' Ad Spot, Showcasing Unwavering Commitment to Serving and Supporting Its Customers

PHILADELPHIA--(BUSINESS WIRE)--Today, Rite Aid debuted its new ‘It Means More' ad – spotlighting the retail pharmacy chain's commitment to its customers, together with the passion and ongoing dedicati...

4 months ago - Business Wire

Rite Aid Completes $575 Million PBM Sale To MedImpact

Rite Aid completed the sale of its Elixir pharmacy benefit management (PBM) company to another PBM, MedImpact Healthcare Systems for $575 million, the drugstore chain said Thursday.

5 months ago - Forbes

Rite Aid Completes Sale of Elixir Solutions to MedImpact

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Company”) today announced it has completed the previously announced sale of its Elixir Solutions business (“Elixir”...

5 months ago - Business Wire