Rite Aid Corp (RAD.N)
17 May 2013
|Market Cap (Mil.):||$2,523.74|
|Shares Outstanding (Mil.):||904.56|
(The following statement was released by the rating agency) NEW YORK, April 26 (Fitch) Fitch Ratings has affirmed its ratings on Rite Aid Corporation (Rite Aid), including its Issuer Default Rating (IDR) at 'B-'. The Rating Outlook is Stable. A complete list of ratings is provided at the end of this release. KEY RATING DRIVERS: --Rite Aid's high leverage and operating statistics that significantly trail its two major competitors; --Strong market share position as the third largest U.S. drug
April 16 - Canadian drugstore chain Jean Coutu Group Inc said it has sold 72.5 million shares in Rite Aid Corp, bringing its stake in the company to 11.7 percent.
NEW YORK, April 12 - Rite Aid Corp : * Shares up 4.3 percent in premarket trading
- Rite Aid Corp posted its second consecutive quarterly profit on Thursday, topping Wall Street's expectations, as the third-largest U.S. drugstore chain filled more prescriptions and sold more generic drugs, which carry higher profit margins.
* Shares up 20 percent to $2.14; highest level since 2009
CHICAGO, April 11 - Rite Aid Corp : * Sees spending about $65 million on prescription file purchases this year * Says would do more than $65 million in file buys if possible
NEW YORK, April 11 - Rite Aid Corp : * Shares up 10.6 percent in premarket trading after results
April 11 - Rite Aid Corp posted its second consecutive quarterly profit on Thursday, as the third largest U.S. drugstore chain filled more prescriptions and sold more generic drugs, which carry higher profit margins.
Feb 5 - Fitch Ratings has assigned a rating of 'BB-/RR1' to Rite Aid Corporation's (Rite Aid) proposed new $1.725 billion secured revolving credit facility due 2018, $900 million senior secured term loan B due 2020, and $470 senior secured second lien term loan due 2020. The Rating Outlook is Stable. The proceeds will be used to refinance Rite Aid's existing $1.175 billion ABL facility due 2015, $1.039 billion first lien secured term loan due 2014, $410 million first lien secured notes due
- Rite Aid Corp reported its first quarterly profit in more than five years on Thursday, helped by growth in the number of prescriptions filled and higher comparable sales of general merchandise at its stores.
Earnings vs. Estimates
Analyst Research Reports
Provider: Pechala's Reports
Rite Aid Corp: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
Provider: Reuters Investment Profile
Provider: Thomson Reuters Stock Report
Provider: ValuEngine, Inc.
Provider: Wright Reports
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