Rite Aid (RAD) Misses Q4 EPS by 46c
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Rite Aid Corporation Reports Fiscal 2023 Fourth Quarter and Full Year Results and Provides Fiscal 2024 Outlook
April 20, 2023 7:00 AM EDTFourth Quarter Highlights:
Revenues of $6.1 billion, Comparable to Prior Year Retail Comparable Same Store Prescriptions Increased 5.2 Percent Comparable Same Store Prescriptions, Excluding COVID Impacts, Increased 9.7 Percent Net Loss per Share of $4.39, Compared to Prior Year Net Loss per Share of $7.18 Adjusted EBITDA of $128.6 million, Compared to the Prior Year Adjusted EBITDA of $106.1 million Completed Tender Offer for $165 million of our 2025 notes Reducing Amount Outstanding to $320 million From $600 million at Beginning of Fiscal 2022Full Year Highlights:
Revenues of $24.1 billion, Compared to Prior Year... More