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Rite Aid Corp
Previous close
$0.10
Day range
$0.051 - $0.15
Year range
$0.00010 - $0.51
Market cap
6.79M USD
Avg Volume
118.95K
P/E ratio
-
Dividend yield
-
Primary exchange
OTCMKTS
Top news
Financials
Income Statement
Revenue
Net income
| (USD) | Sep 2023info | Y/Y change |
|---|---|---|
Revenue | 5.65B | -4.32% |
Operating expense | 1.17B | 0.61% |
Net income | -1.02B | -207.90% |
Net profit margin | -18.07 | -222.10% |
Earnings per share | — | — |
EBITDA | -3.09M | -104.95% |
Effective tax rate | -0.23% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Sep 2023info | Y/Y change |
|---|---|---|
Cash and short-term investments | 97.12M | 107.48% |
Total assets | 7.13B | -14.83% |
Total liabilities | 9.09B | 4.47% |
Total equity | -1.97B | — |
Shares outstanding | 55.47M | — |
Price to book | -0.00 | — |
Return on assets | -2.44% | — |
Return on capital | -3.66% | — |
Cash Flow
Net change in cash
| (USD) | Sep 2023info | Y/Y change |
|---|---|---|
Net income | -1.02B | -207.90% |
Cash from operations | -440.62M | -121.17% |
Cash from investing | -18.16M | -556.88% |
Cash from financing | 416.18M | 123.76% |
Net change in cash | -42.60M | -360.45% |
Free cash flow | -152.65M | 25.12% |
About
Rite Aid Corporation is an American drugstore chain based in Philadelphia, Pennsylvania. It was founded in 1962 in Scranton, Pennsylvania, by Alex Grass under the name Thrift D Discount Center. It is the third-largest drugstore chain in the United States, with over 2,000 stores, and ranked No. 148 in the Fortune 500 in 2022.
After several years of growth, Rite Aid adopted its current name and debuted as a public company in 1968. Rite Aid was publicly traded on the New York Stock Exchange under the symbol RAD. In October 2023, the company filed for Chapter 11 bankruptcy, due to a large debt load and thousands of lawsuits alleging involvement in the opioid crisis. Wikipedia
Founded
Sep 12, 1962
Website
Employees
47,000
