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Rite Aid (RAD -7.5%) reports revenue surge of 2.2% to $6.11B, the increase was driven by growth at the Retail Pharmacy Segment, partially offset by a decline at the Pharmacy Services Segment. Adjusted EBITDA of $106.2M vs. $151.6M. Adjusted net loss from continuing operations of $22...
The following slide deck was published by Rite Aid Corporation in conjunction with their 2022 Q2 earnings call. For further details see: Rite Aid Corporation 2022 Q2 - Results - Earnings Call Presentation
Earnings news drove the action in several high-profile stocks in Thursday's pre-market trading. BlackBerry (NYSE:BB), H.B. Fuller (NYSE:FUL) and Accenture (NYSE:ACN) all received a boost from their respective quarterly results. Meanwhile, the release of disappointing financial figures inspire...
Revenues from Continuing Operations Increased 2.2 Percent to $6.11 Billion Compared to Prior Year Second Quarter Revenues from Continuing Operations of $5.98 Billion Second Quarter Net Loss from Continuing Operations of $100.3 Million or $1.86 Per Share, Compared to the ...
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Rite Aid (NYSE:RAD) is scheduled to announce Q2 earnings results on Thursday, September 23rd, after market close. The consensus EPS Estimate is -$0.42 (-268.0% Y/Y) and the consensus Revenue Estimate is $6.21B (+3.8% Y/Y). Adjusted EBITDA estimate of $97.6M. Over the last 2 years, RAD has bea...
Rising demand for medicines and COVID-19 tests with the continued spread of the Delta variant we think should benefit pharmacy stocks Walgreens Boots (WBA) and Rite Aid (RAD). But which of these stocks is a better buy now? Let’s find out. Walgreens Boots Alliance, Inc. ( WBA ...
You can read full article here. For further details see: Wall Street Breakfast: The Week Ahead (Podcast)
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Rite Aid (NYSE: RAD) today announced a partnership with CLEAR (NYSE: YOU), the secure identity company, to offer Rite Aid customers the ability to access and share their proof of COVID-19 vaccination with CLEAR’s digital vaccine card and Health Pass. Customers vaccinated at any R...
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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...