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Rite Aid Corp: Overview

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Rite Aid Corp (Rite Aid) is a retail drugstore chain that sells prescription drugs and other merchandise such as over-the-counter medications, personal care items, health and beauty aids, cosmetics, food and beverages, greeting cards, household items, grocery, pet care and seasonal merchandise. Rite Aid’s service portfolio includes pharmacy-related solutions, including fully integrated mail order and specialty pharmacy services. The company’s stores are integrated into a common pharmacy system, which enables customers to fill or refill prescriptions in any of its stores throughout the US. It operates through subsidiaries and retail drugstores in the US. The company serves employers, insurance companies, unions, government employee groups, health plans, Medicare plans, and other sponsors of health benefit plans, and individuals. Rite Aid is headquartered in Camp Hill, Pennsylvania, the US.

Headquarters United States of America

Address 30 Hunter Ln, Camp Hill, Pennsylvania, 17011-2400


Telephone 1 717 7612633

No of Employees 53,000

Industry Retailing

Ticker Symbol & Exchange RAD (NYSE)

Revenue (2022) $24.0B

EPS XXX

Market Cap* $312.7M

Net Profit Margin (2021) XXX 81.6%

   

* As of and is in US$

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Products and Services

Products Services Brands
Prescribed Drugs Insurance Services Rite Aid
Health and Beauty Aids Pharmacy Services
Vitamins and Supplements
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XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In May, the company and Afterpay entered into a partnership to offer Buy Now, Pay Later on everyday items.
2022 Others In April, the company rejected a buyout offer made by Spear Point Capital Management for US$3.6 billion.
2022 Contracts/Agreements In April, the company and Beyond Meat, Inc announced the introduction of the Beyond Burger and Beyond Meatballs at approximately 2,000 stores nationwide.
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Competitor Comparison

Key Parameters Rite Aid Corp Walmart Inc CVS Health Corp The Kroger Co Walgreens Boots Alliance Inc
Headquarters United States of America United States of America United States of America United States of America United States of America
City Camp Hill Bentonville Woonsocket Cincinnati Deerfield
State/Province Pennsylvania Arkansas Rhode Island Ohio Illinois
No. of Employees 53,000 2,300,000 300,000 420,000 202,000
Entity Type Public Public Public Public Public
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Key Financial Charts

Net Income Growth

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Operating Margin
Operating Margin
EPS (Earnings per Share)
EPS (Earnings per Share)
Debt to Equity Ratio
Debt to Equity Ratio
Return on Assets
Return on Assets
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Executives
Name Position Board Since Age
Bruce G. Bodaken Chairman Executive Board 2018 70
Heyward Donigan President; Director; Chief Executive Officer Executive Board 2019 61
Matthew Schroeder Executive Vice President; Chief Financial Officer Senior Management 2019 52
Brian Hoover Chief Accounting Officer Senior Management 2019 57
Jessica Kazmaier Chief Human Resources Officer; Executive Vice President Senior Management 2019 45
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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