RAD News and Press, Rite Aid Corporation From 01/07/22

Because COVID-19 cases are resurgent worldwide, pharmaceutical retailers are expected to witness rising sales for vaccines and antiviral pills. So, Walgreens Boots (WBA) and Rite Aid (RAD) should benefit. But which of these two stocks is a better buy now? Read on to learn our view. Walgr...

Healthcare company Rite Aid's (RAD) shares have surged 7.5% in price over the past month. However, given the company's negative profit margins and its plans to shut 63 stores in the coming weeks, will the stock be able to maintain its momentum in the near term? Read more to learn our view. ...

Image source: The Motley Fool. Rite Aid (NYSE: RAD) Q3 2022 Earnings Call Dec 21, 2021 , 8:30 a.m. ET Operator Continue reading For further details see: Rite Aid (RAD) Q3 2022 Earnings Call Transcript

Shares of Rite Aid (NYSE: RAD) surged on Tuesday after the drugstore chain announced a plan to boost profits by resizing its store base. As of 1:30 p.m. ET, Rite Aid's stock price was up more than 17%. Rite Aid's revenue from continuing operations rose 1.8% to $6.2 billion in it...

Rite Aid Corporation (RAD) Q3 2022 Earnings Conference Call December 21, 2021 8:30 AM ET Company Participants Trent Kruse - VP of IR and Treasury Heyward Donigan - CEO Jim Peters - COO Matt Schroeder - CFO Conference Call Participants George Hill - Deutsche Bank Lisa Gill - JPMorgan Eduardo R...

Rite Aid's (RAD +16.8%) raised fiscal year 2022 outlook is propelling not only its shares higher, but competitors as well. Total revenues for FY 22 are expected to be between $24.4B-$24.7B, while adjusted EBITDA is expected to be between $500M-$520M. Both Walgreens Boots Alliance (WBA +2...

The following slide deck was published by Rite Aid Corporation in conjunction with their 2021 Q3 earnings call. For further details see: Rite Aid Corporation 2021 Q3 - Results - Earnings Call Presentation

Rite Aid (RAD +2.9%) Q3 results shows marginal 1.8% surge in revenue to $6.23B, misses consensus by $50M. Retail Pharmacy segment revenues increased 7.9% over the prior year quarter, driven by an increase in same store sales and the inclusion of Bartell’s results this quarter. Pha...

Earnings news represented the dominant theme in Tuesday's pre-market action. Nike (NYSE:NKE), Rite Aid (NYSE:RAD) and Micron Technology (NASDAQ:MU) all found buyers in the wake of their quarterly results. The release of financial figures had the opposite impact on General Mills (NYSE:GIS). Th...

Rite Aid (NYSE:RAD): Q3 Non-GAAP EPS of $0.15 beats by $0.68; GAAP EPS of -$0.67 misses by $0.14. Revenue of $6.23B (+1.8% Y/Y) misses by $50M. Adjusted EBITDA from Continuing Operations Increased 12.7% to $154.8 Million, Compared to the Prior Year Third Quarter Adjusted EBITDA of $137.4 Mill...