Last $2.79 USD
Change Today +0.19 / 7.31%
Volume 39.8M
RAD On Other Exchanges
Symbol
Exchange
New York
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As of 8:04 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

rite aid corp (RAD) Snapshot

Open
$2.62
Previous Close
$2.60
Day High
$2.80
Day Low
$2.60
52 Week High
05/17/13 - $2.80
52 Week Low
12/6/12 - $0.95
Market Cap
2.5B
Average Volume 10 Days
18.7M
EPS TTM
$0.27
Shares Outstanding
904.6M
EX-Date
10/27/99
P/E TM
10.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for RITE AID CORP (RAD)

rite aid corp (RAD) Latest News

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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 everyday and convenience products. It also offers various photo processing services in its stores. 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 March 2, 2013, the company operated 4,623 stores in 31 states and the District of Columbia. Rite Aid Corporation founded in 1927 and is headquartered in Camp Hill, Pennsylvania.

50,730 Employees
Last Reported Date: 04/23/13
Founded in 1927

rite aid corp (RAD) Top Compensated Officers

Chairman of The Board, Chief Executive Office...
Total Annual Compensation: $1.0M
Chief Administrative Officer, Chief Financial...
Total Annual Compensation: $795.7K
Chief Operating Officer and Senior Executive ...
Total Annual Compensation: $795.7K
Executive Vice President, General Counsel and...
Total Annual Compensation: $441.5K
Executive Vice President of Pharmacy
Total Annual Compensation: $410.6K
Compensation as of Fiscal Year 2013.

rite aid corp (RAD) Key Developments

Rite Aid Corporation Appoints Bruce G. Bodaken to the Board

On May 13, 2013, the Board of Directors of Rite Aid Corporation elected Bruce G. Bodaken to the Board. Mr. Bodaken is currently a director and audit committee chairman of WageWorks Inc. It is expected that Mr. Bodaken will be appointed to the Nominating and Governance Committee.

Rite Aid Opens in White Twp. Viagra

Rite Aid Wellness Store in the Belvidere area held a grand opening Saturday. The store is at 2 Upper Sarepta Road in White Township.

Rite Aid Corporation Reports Sales Results for the Four Weeks and Eight Weeks Ended April 27, 2013

Rite Aid Corporation reported sales results for the four weeks and eight weeks ended April 27, 2013. For the four weeks, the company reported same store sales decreased 4.0% over the prior-year period. April front-end same store sales decreased 3.5%, negatively impacted by an earlier Easter this year compared to last year. Pharmacy same store sales, which included an approximate 454 basis points negative impact from new generic introductions, decreased 4.2%. Prescription count at comparable stores decreased 0.2% over the prior-year period. Total drugstore sales decreased 4.6% to $1.902 billion compared to $1.993 billion for the same period last year. Prescription sales accounted for 67.9% of drugstore sales, and third party prescription sales represented 96.9% of pharmacy sales. For the eight-week, the company reported same store sales decreased 3.0% over the prior-year period. Front-end same store sales increased 0.1% while pharmacy same store sales decreased 4.4%. Prescription count at comparable stores increased 0.1% over the prior-year period. Total drugstore sales for the eight weeks ended April 27, 2013 decreased 3.5% with sales of $3.841 billion compared to $3.982 billion for the same period last year. Prescription sales represented 67.7% of total drugstore sales, and third party prescription sales represented 97.0% of pharmacy sales.

 

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Industry Analysis

RAD

Industry Average

Valuation RAD Industry Range
Price/Earnings 21.9x
Price/Sales 0.1x
Price/Book NM Not Meaningful
Price/Cash Flow 19.9x
TEV/Sales NM Not Meaningful
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