Rite Aid Corporation Stock News

Rite Aid executives aren't ruling out more store closures as the company sustains more financial losses while they're working their turnaround plan.

Shares of Rite Aid NYSE: RAD have been on a sluggish path to becoming a near-penny stock, despite being one of the most entrenched brands in American Households. This name has become synonymous with c

During its fiscal first quarter, Rite Aid reported a boost in pharmacy sales, attributed to the introduction of a new category of drugs.  Pharmacy sales rose 3.4% year over year, fueled by the demand

Rite Aid's (RAD) Q1 results gain from solid pharmacy margins and progress in its turnaround program. Lower revenues from COVID-19 vaccines and testing, and store closures are headwinds.

Shares of Rite Aid are slightly up following the company's first quarter earnings release, despite a decrease in revenue. Yahoo Finance Live details where Rite Aid ranks amongst its pharmaceutical com

Rite Aid Corp. said Thursday that its fiscal first-quarter pharmacy sales got a boost from a new class of drug.

Rite Aid (RAD) came out with a quarterly loss of $0.73 per share versus the Zacks Consensus Estimate of a loss of $1.49. This compares to loss of $0.60 per share a year ago.

Rite Aid reported a quarterly loss of more than $306 million as the drugstore chain grapples with the loss of customers from its pharmacy benefit business.

Rite Aid Corp.'s stock RAD, -4.40% rose 7.5% in premarket trade Thursday, after the drug store chain posted a narrower-than-expected loss for its fiscal first quarter and better-than-expected revenue.

Rite Aid Corp.'s stock RAD, -3.15% slid another 3.8% Wednesday to a fresh record low, bringing its five-day loss to 23%. The stock has been under pressure since a Bloomberg report last week that the c

Rite Aid Corp.'s stock tumbled 13% Tuesday to a record low, amid concerns prompted by a Bloomberg report last week that the company is working with banks and lawyers to reorganize its debt.

Wall Street is expecting a third straight quarter of falling profits and the worst decrease since the pandemic in 2020, when second quarter earnings are reported in July, but that may be the bottom fo

PHILADELPHIA--(BUSINESS WIRE)--Rite Aid Corporation (NYSE: RAD) will release financial results for its Fiscal 2024 First Quarter, which ended June 3, 2023, on Thursday, June 29, 2023. The company will

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