Rite Aid Corporation is on the front lines of delivering healthcare services and retail products to more than 1.6 million Americans daily. Our pharmacists are uniquely positioned to engage with customers and improve their health outcomes. The company provides an array of whole being health products and services for the entire family through over 2,400 retail pharmacy locations across 17 states. Through Elixir, we provide pharmacy benefits and services to approximately 4 million members nationwide.
Company profile
Ticker
RAD
Exchange
Website
CEO
Heyward Donigan
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
1515 West State Street Boise, Idaho, LLC • 1740 Associates, LLC • 4042 Warrensville Center Road—Warrensville Ohio, Inc. • 5277 Associates, Inc. • 5600 Superior Properties, Inc. • Advance Benefits, LLC • Apex Drug Stores, Inc. • Ascend Health Technology, LLC • Broadview and Wallings—Broadview Heights Ohio, Inc. • Design Rx, LLC ...
IRS number
231614034
RAD stock data
Latest filings (excl ownership)
8-K
Departure of Directors or Certain Officers
16 Mar 23
8-K
Amendments to Articles of Incorporation or Bylaws
6 Feb 23
8-K
Entry into a Material Definitive Agreement
3 Feb 23
8-K
Rite Aid Corporation Names Elizabeth “Busy” Burr Interim Chief Executive Officer
9 Jan 23
10-Q
2023 Q3
Quarterly report
4 Jan 23
8-K
Rite Aid Corporation Reports Fiscal 2023 Third Quarter Results
21 Dec 22
8-K/A
Entry into a Material Definitive Agreement
6 Dec 22
8-K
Entry into a Material Definitive Agreement
2 Dec 22
8-K
Other Events
23 Nov 22
8-K
Other Events
18 Nov 22
Transcripts
RAD
Earnings call transcript
2023 Q3
21 Dec 22
RAD
Earnings call transcript
2023 Q2
29 Sep 22
RAD
Earnings call transcript
2023 Q1
23 Jun 22
RAD
Earnings call transcript
2022 Q4
14 Apr 22
RAD
Earnings call transcript
2022 Q3
21 Dec 21
RAD
Earnings call transcript
2022 Q2
23 Sep 21
RAD
Earnings call transcript
2022 Q1
24 Jun 21
RAD
Earnings call transcript
2021 Q4
15 Apr 21
RAD
Earnings call transcript
2021 Q3
17 Dec 20
RAD
Earnings call transcript
2021 Q2
24 Sep 20
Latest ownership filings
Financial summary
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| Diluted EPS |
| Annual (USD) | Feb 22 | Feb 21 | Feb 20 | Mar 19 | |
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| Revenue | |||||
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| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 103.05 mm | 103.05 mm | 103.05 mm | 103.05 mm | 103.05 mm | 103.05 mm |
| Cash burn (monthly) | (no burn) | 4.35 mm | 22.55 mm | 74.12 mm | 66.33 mm | 30.59 mm |
| Cash used (since last report) | n/a | 17.81 mm | 92.25 mm | 303.21 mm | 271.36 mm | 125.15 mm |
| Cash remaining | n/a | 85.25 mm | 10.80 mm | -200.15 mm | -168.31 mm | -22.10 mm |
| Runway (months of cash) | n/a | 19.6 | 0.5 | -2.7 | -2.5 | -0.7 |
Institutional ownership, Q4 2022
47.0% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 152 |
| Opened positions | 28 |
| Closed positions | 38 |
| Increased positions | 37 |
| Reduced positions | 53 |
| 13F shares | Current |
|---|---|
| Total value | 86.84 bn |
| Total shares | 26.55 mm |
| Total puts | 1.97 mm |
| Total calls | 2.62 mm |
| Total put/call ratio | 0.8 |
| Largest owners | Shares | Value |
|---|---|---|
| BLK Blackrock | 3.80 mm | $12.68 bn |
| Vanguard | 2.77 mm | $9.24 bn |
| Millennium Management | 2.14 mm | $7.14 bn |
| STT State Street | 1.16 mm | $3.89 bn |
| Two Sigma Investments | 1.13 mm | $3.76 bn |
| Two Sigma Advisers | 1.08 mm | $3.62 bn |
| Geode Capital Management | 1.01 mm | $3.37 bn |
| Charles Schwab Investment Management | 936.69 k | $3.13 bn |
| D. E. Shaw & Co. | 668.22 k | $2.23 bn |
| Bridgeway Capital Management | 634.30 k | $2.12 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 3 Feb 23 | Persaud Andre | Common Stock | Payment of exercise | Dispose F | No | No | 3.76 | 2,076 | 7.81 k | 107,483 |
| 17 Aug 22 | Paul D Gilbert | Common Stock | Payment of exercise | Dispose F | No | No | 10.51 | 2,728 | 28.67 k | 109,155 |
| 12 Aug 22 | Donigan Heyward R | Common Stock | Payment of exercise | Dispose F | No | No | 11.05 | 37,370 | 412.94 k | 905,241 |
| 27 Jul 22 | Bodaken Bruce G. | Common Stock | Grant | Acquire A | No | No | 0 | 21,505 | 0.00 | 68,458 |
News
Stocks That Hit 52-Week Lows On Friday
24 Mar 23
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24 Mar 23
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23 Mar 23
Watching RiteAid Shares; Traders Circulate Wednesday CSA Report ' Amazon enters delivery partnership with Rite Aid – here's where'
16 Mar 23
Department of Justice Accuses Rite Aid For Ignoring Obvious Signs Of Opioid Misuse
14 Mar 23
Press releases
RAD INVESTOR ALERT: Hagens Berman, National Trial Attorneys, Encourages Rite Aid (RAD) Investors with Substantial Losses to Contact Firm's Attorneys, Securities Fraud Class Action Filed
28 Mar 23
SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Rite Aid Corporation with Losses of $100,000 to Contact the Firm
28 Mar 23
RAD ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of May 19, 2023 in the Class Action Filed on Behalf of Rite Aid Corporation Shareholders
28 Mar 23
ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Encourages Rite Aid Corporation Investors With Losses to Secure Counsel Before Important Deadline in Securities Class Action Commenced by the Firm - RAD
27 Mar 23
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Rite Aid Corporation - RAD
27 Mar 23