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United States

Rite Aid Corp (RAD.N)

RAD.N on New York Stock Exchange

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RAD.N

Chart for RAD.N

About

Rite Aid Corporation is a retail drugstore chain. The Company's segments include Retail Pharmacy and Pharmacy Services. The Company operates under The Rite Aid name. It operates approximately 4,560 stores in over 30 states across the country and in the District of Columbia. The Company's Retail Pharmacy segment consists of Rite... (more)

Overall

Beta: 1.81
Market Cap(Mil.): $2,570.03
Shares Outstanding(Mil.): 1,053.29
Dividend: --
Yield (%): --

Financials

  RAD.N Industry Sector
P/E (TTM): -- 20.66 41.06
EPS (TTM): -0.06 -- --
ROI: -0.80 11.93 52.49
ROE: -11.58 13.73 60.14

Walgreens deal offers no lasting relief to Rite Aid

A slimmed-down Rite Aid Corp could lose much of its bargaining heft with insurers and makers of branded drugs at a time when it is trying to turn around its flagging pharmacy business, analysts said.

Jun 30 2017

Walgreens deal offers no lasting relief to Rite Aid

June 30 A slimmed-down Rite Aid Corp could lose much of its bargaining heft with insurers and makers of branded drugs at a time when it is trying to turn around its flagging pharmacy business, analysts said.

Jun 30 2017

Walgreens scraps Rite Aid merger, will instead buy half its stores

Drugstore chain Walgreens Boots Alliance Inc scrapped its deal to buy Rite Aid Corp after failing to win antitrust approval, but said it would instead buy nearly half of the smaller rival's U.S. stores for $5.18 billion. | Video

Jun 29 2017

UPDATE 6-Walgreens scraps Rite Aid merger, will instead buy half its stores

* Walgreens to buy 2,186 Rite Aid stores, 3 distribution centers

Jun 29 2017

Walgreens salvages mild boost from intense effort

NEW YORK (Reuters Breakingviews) - Walgreens Boots Alliance has at least salvaged something from the wreckage of its deal to buy rival U.S. drugstore chain Rite Aid. After antitrust pushback on the full-strength $9.4 billion deal, Walgreens has abandoned it and is instead buying over 2,000 of Rite Aid's stores for $5.2 billion. For Chief Executive Officer Stefano Pessina, doing about half the deal with half the benefits is something – but it's a modest return on at least 20 months' work.

Jun 29 2017

Walgreens scraps Rite Aid merger, will instead buy half its stores

Drugstore chain Walgreens Boots Alliance Inc scrapped its deal to buy Rite Aid Corp after failing to win antitrust approval, but said it would instead buy nearly half of the smaller rival's U.S. stores for $5.18 billion.

Jun 29 2017

BRIEF-Fred's to get $25 mln for expenses related to terminated Walgreens-Rite Aid merger

* Fred's Pharmacy comments on termination of Walgreens-Rite Aid merger and related agreement with Fred’s

Jun 29 2017

BRIEF-Rite Aid to sell Walgreens Boots Alliance 2,186 Rite Aid Stores and related assets

* Rite Aid enters into an agreement with Walgreens Boots Alliance to sell 2,186 Rite Aid stores and related assets for $5.175 billion

Jun 29 2017

Walgreens scraps Rite Aid deal, to buy some stores instead

June 29 Drugstore chain Walgreens Boots Alliance Inc said on Thursday it terminated its agreement to buy Rite Aid Corp, and would instead buy 2,186 Rite Aid stores and some distribution centers for $5.18 billion in cash.

Jun 29 2017

BRIEF-Walgreens Boots Alliance enters into agreement with Rite Aid to buy 2,186 Rite Aid Stores

* Expects new transaction to be modestly accretive to adjusted diluted net earnings per share in first full year after initial closing of new transaction

Jun 29 2017

Competitors

  Price Chg
Wal-Mart Stores Inc (WMT.N) $78.43 -0.09
CVS Health Corp (CVS.N) $78.45 -0.46
AmerisourceBergen Corp. (ABC.N) $93.82 -0.83

Earnings vs. Estimates