Rite Aid Corporation (RADCQ)
| Market Cap | 2.83M |
| 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 | 9,540 |
| Open | 0.0800 |
| Previous Close | 0.0726 |
| Day's Range | 0.0410 - 0.0905 |
| 52-Week Range | 0.0100 - 3.1600 |
| 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]
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 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.
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.
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.
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...
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...
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...
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...
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...
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.
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 ...
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 (...
Rite Aid is planning to close 77 stores in 2024. See if yours is on the list.
Rite Aid is planning to close 77 stores in 2024 as part of its Chapter 11 bankruptcy. That makes 431 stores that the drugstore chain has decided to close since October.
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...
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.
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”...
Find Your ‘Perfect Pairing' at Rite Aid this Valentine's Day
PHILADELPHIA--(BUSINESS WIRE)--Love is in the air, and Rite Aid is ready to make this Valentine's Day unforgettable. Whether you're expressing affection to a special someone, embracing self-care or ce...
Here's Why Drug Stores Are Closing In Minority Neighborhoods: Walgreens, CVS And Rite Aid Shutter More Than 1,000
A spate of pharmacy closings in Boston have drawn protests as more than 1,000 drug store chain locations across the country have closed, reigniting long standing concerns that low-income, Black and La...
Rite Aid Sells PBM Elixir For $575M To MedImpact
Rite Aid is selling its Elixir pharmacy benefit management (PBM) company to MedImpact for $575 million, the drugstore chain said Tuesday.
Rite Aid gets court approval for $575 million Elixir sale
Pharmacy chain Rite Aid Corp on Tuesday received bankruptcy court approval to sell its Elixir pharmacy benefit manager business for $575 million.
Rite Aid Receives Court Approval for Sale of Elixir Solutions Business to MedImpact
PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Company”) today announced that the U.S. Bankruptcy Court for the District of New Jersey has approved the sale of th...
Rite Aid Bids Goodbeye To 200 Stores Since Bankruptcy Filing
Rite Aid has closed about 200 stores since its filing two months ago for Chapter 11 bankruptcy protection with potentially more retail locations to close in coming weeks and months.
FTC Crackdown on Rite Aid Over Facial Recognition Is a Lesson on Risks of AI
The FTC handed the retailer a five-year ban on using facial recognition technology for surveillance.
Rite Aid barred from using facial recognition tech after thousands falsely flagged as shoplifters
Rite Aid, which filed for Chapter 11 bankruptcy protection in October, deployed artificial intelligence-based facial recognition technology from 2012 to 2020.
Rite Aid is banned from using facial recognition in its stores after the FTC said it falsely flagged thousands of shoppers as potential criminals
The FTC banned Rite Aid from using facial recognition technology in its stores for five years. The software was meant to alert staff when suspected criminals entered Rite Aid stores.
Rite Aid to be barred from using facial recognition under proposed FTC settlement
CNBC's Becky Quick reports on the latest news.