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Rite Aid Stock News

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Rite Aid to shutter 63 U.S. locations in ''first phase'' of closures

04:09pm, Tuesday, 21'st Dec 2021 United Press International
Pharmacy chain Rite Aid announced on Tuesday that it will close dozens of U.S. locations in an effort to save money and reassess how many stores it needs to keep open nationwide.
Rite Aid Corporation shares were up almost 20% early on Tuesday (Dec. 21) after the company announced it has kicked off a plan to close at least 63 stores across the U.S., a move focused on reducing costs and increasing profitability as much as $25 million. The companys review of its operations is ongoing and []

Rite Aid to close 63 stores

03:49pm, Tuesday, 21'st Dec 2021 Delaware Business Now
Rite Aid has identified 63 stores it plans to close in an effort to reduce costs and boost profits. Closings began in November. Individual stores were not identified. Rite Aid has more than 2,400 stores around the nation. The programs primary focus is to reduce costs, drive improved profitability and ensure that Rite Aid has [] The post Rite Aid to close 63 stores appeared first on Delaware Business Now .
Rite Aid CEO Heyward Donigan said he plans to move away from traditional in-store pharmacies, and instead to mail order and digital retail markets.
Drugstore chain Rite Aid said Tuesday it plans to shutter at least 63 stores as it reassesses how many locations it needs in the United States.

Why Rite Aid Stock Rocketed Today

01:45pm, Tuesday, 21'st Dec 2021
Surging COVID-19 testing and fewer stores could mean more profits for investors.
Rite Aid Corporation (RAD) CEO Heyward Donigan on Q3 2022 Results - Earnings Call Transcript

Rite Aid (RAD) Q3 Earnings Surpass Estimates

01:27pm, Tuesday, 21'st Dec 2021 Zacks Investment Research
Rite Aid (RAD) delivered earnings and revenue surprises of 183.33% and 0.83%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?
Rite Aid Corporation shares were up almost 20% early on Tuesday (Dec. 21) after the company announced it has kicked off a plan to close at least 63 stores across the U.S., a move focused on reducing c

Why Rite Aid Shares Are Ripping Higher Today

11:26am, Tuesday, 21'st Dec 2021
Rite Aid Corp (NYSE: RAD) is trading higher Tuesday after the company announced its fiscal third-quarter 2022 earnings results and issued guidance above estimates.  Rite Aid reported quarterly adjus

Rite Aid is closing more than 60 stores

10:49am, Tuesday, 21'st Dec 2021
Rite Aid announced Tuesday it is closing another 63 stores to save about $25 million year.
Yahoo Finance Live's Brian Sozzi and Julie Hyman look at Rite Aid's shares rising on a surprise earnings beat after analysts expected losses.

Rite Aid (RAD) Q3 Earnings Surpass Estimates

09:57am, Tuesday, 21'st Dec 2021
Rite Aid (RAD) delivered earnings and revenue surprises of 183.33% and 0.83%, respectively, for the quarter ended November 2021. Do the numbers hold clues to what lies ahead for the stock?
Rite Aid Corp  (NYSE: RAD) has reported Q3 FY22 adjusted EPS of $0.15, compared to $0.40 a year ago, but a turnaround from a loss of $(0.41) per share in Q2 FY22. Earnings: Revenues increased 1.8
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