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Choppy results of late certainly have been affected by the novel coronavirus pandemic — but the core problem with RAD stock still holds. Earnings simply have to grow from current levels, and that in turn requires revenue growth that can offset persistent pressures across the bu...
JuSun/iStock via Getty Images During the week ended June 25, 2021, Healthcare sector rose 2.01% and Healthcare Select Sector SPDR ETF (XLV) gained 1.58% compared to weekly gain of 2.82% of S&P 500 ETF. Leading the top gainers pack was Atossa Therapeutics (ATO...
Landscape and nature photographer based in Upstate, New York/iStock Editorial via Getty Images Rite Aid could be a “show-me story” in fiscal 2022: Piper Sandler With a ~14.5% loss in share price, Rite Aid (RAD) market cap fell below $1B yesterday in reaction to the mixed perform...
You can read the full article here. For further details see: Wall Street Breakfast: 'We Have A Deal' (Podcast)
Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. 'We have a deal' Cyclical stocks like Caterpillar (CAT) and Vulcan Materials (VMC) took the lead in afternoon trading on Thursday after President Biden ann...
Rite Aid (NYSE: RAD) stock was humming merrily along in the early part of this week, before it suddenly fell off a cliff Thursday. After the company reported its latest set of earnings that morning, the shares dived into negative territory on a week-to-date basis. Rite Aid's fir...
The following slide deck was published by Rite Aid Corporation in conjunction with their 2022 Q1 earnings call. For further details see: Rite Aid Corporation 2022 Q1 - Results - Earnings Call Presentation
Rite Aid Corporation (RAD) Q1 2022 Earnings Conference Call June 24, 2021, 08:30 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 Glen Santan...
Rite Aid Corp ( NYSE:RAD ) shares plunged 13% Thursday morning after the company’s most recent quarterly report. RAD reported earnings the beat expectations on Thursday morning, but revenues came short of estimates. Shares fell after the company issued tepid guidance on fisca...
Shares of Rite Aid (NYSE: RAD) were plunging 14.3% lower as of 11:22 a.m. EDT on Thursday. The steep decline came after the pharmacy retailer reported its fiscal 2022 first-quarter results before the market opened. As you might expect after today's sell-off of the healthcare s...
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Secures Interim Approval to Access Up to $3.45 Billion in Debtor-in-Possession Financing Continues to Serve Customers and Deliver Healthcare Products and Services Across Retail and Online Platforms Rite Aid Corporation (OTC: RADCQ) (“Rite Aid” or the “Compan...
Stein Succeeds Elizabeth “Busy” Burr Rite Aid Corporation (NYSE: RAD) (“Rite Aid” or the “Company”) today announced that its Board of Directors has appointed Jeffrey S. Stein as Chief Executive Officer (CEO), Chief Restructuring Officer (CRO) an...
Reaches Agreement in Principle with Key Creditors on the Terms of Financial Restructuring Plan Initiates Voluntary Chapter 11 Process to Implement a Consensual Financial Restructuring That Will Significantly Reduce Debt and Enable Execution of Key Initiatives Receives Commitment f...