Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $7.81 USD
Change Today -0.07 / -0.89%
Volume 14.6M
RAD On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

rite aid corp (RAD) Snapshot

Open
$7.93
Previous Close
$7.88
Day High
$7.96
Day Low
$7.78
52 Week High
04/2/15 - $9.07
52 Week Low
10/13/14 - $4.42
Market Cap
7.7B
Average Volume 10 Days
17.1M
EPS TTM
$0.30
Shares Outstanding
989.1M
EX-Date
10/27/99
P/E TM
26.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for RITE AID CORP (RAD)

rite aid corp (RAD) Details

Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company sells prescription drugs and a range of other merchandise, including over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and other every day and convenience products. It also offers health coaching, shared decision making tools, and health care analytics, including health coaching for medical decisions, chronic conditions, and wellness; population analytic solutions; and consulting services. The company offers its products to customers covered by third party payors, such as insurance companies, prescription benefit management companies, government agencies, private employers, and other managed care providers. It has a strategic alliance with GNC. As of April 20, 2015, the company operated approximately 4,600 stores in 31 states of the United States, and the District of Columbia. Rite Aid Corporation was founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

50,730 Employees
Last Reported Date: 04/23/15
Founded in 1927

rite aid corp (RAD) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.0M
President and Chief Operating Officer
Total Annual Compensation: $878.3K
Chief Administrative Officer and Senior Execu...
Total Annual Compensation: $819.5K
Executive Vice President of Store Operations
Total Annual Compensation: $477.4K
Executive Vice President, General Counsel and...
Total Annual Compensation: $457.0K
Compensation as of Fiscal Year 2014.

rite aid corp (RAD) Key Developments

Rite Aid Corporation Reports Same-Store Sales Results for the Four Weeks and Eight Weeks Ended April 25, 2015

Rite Aid Corporation Reports Same-Store Sales Results for the four weeks and eight weeks Ended April 25, 2015. For the four weeks, same store sales increased 3.0% over the prior-year period. April front-end same store sales, which were negatively impacted by 0.9% due to a shift in the timing of Easter, decreased 0.5%. Pharmacy same store sales, which included an approximate 145 basis points negative impact from new generic introductions, increased 4.6%. Prescription count at comparable stores increased 1.8% over the prior-year period. Same store sales for the eight week increased 3.6% over the prior-year period. Front-end same store sales increased 1.0% while pharmacy same store sales increased 4.9%. Prescription count at comparable stores increased 2.2% over the prior-year period. Total drugstore sales for the 8 weeks ended Apr. 25, 2015 increased 3.2% with sales of $4.068 billion compared to $3.941 billion for the same period last year. Prescription sales represented 69.4% of total drugstore sales, and third party prescription sales represented 97.7% of pharmacy sales.

Rite Aid Corporation Announces Amendment and Restatement the By-Laws

Effective April 15, 2015, the board of directors of Rite Aid Corporation amended and restated the company's by-laws to implement proxy access; to make certain other conforming and related technical changes and to allow the board to waive the requirement that a director has not reached the age of 72 to be eligible for election.

Rite Aid Corporation Names Steve Rempel as Senior Vice President and Chief Information Officer

Rite Aid Corporation announced that Steve Rempel, has been named as company's senior vice president and chief information officer. In this position, Rempel will have responsibility for all aspects of the company’s technology and information operations, including computer systems, network infrastructure, telecommunications and data security as well as the continued development and execution of company's immediate and long-term information technology strategy. Rempel will report to Frank Vitrano, company's senior executive vice president and chief administrative officer. Before joining the company, Rempel served as chief information officer, president and CEO for Balance Innovations. During his tenure at Balance Innovations, he had oversight for the company’s technology strategy and provided strategic, financial and operational direction. During his 35 years at Safeway, Rempel held a variety of information technology positions with increasing responsibility. Serving as the organization’s group vice president of Application Development, he had enterprise-wide responsibility for all elements of the information technology applications process, including design, development, procurement, development and support.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
RAD:US $7.81 USD -0.07

RAD Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Kohl's Corp $72.96 USD +1.41
Publix Super Markets Inc $20.00 USD 0.00
Sears Holdings Corp $41.33 USD -0.02
Staples Inc $16.34 USD -0.23
SUPERVALU Inc $8.85 USD +0.21
View Industry Companies
 

Industry Analysis

RAD

Industry Average

Valuation RAD Industry Range
Price/Earnings 3.8x Not meaningful
Price/Sales 0.3x
Price/Book 136.5x
Price/Cash Flow 3.7x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact RITE AID CORP, please visit www.riteaid.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.