Rite Aid (RAD) Tops Q1 EPS by 40c, Offers Guidance

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Go back to Rite Aid (RAD) Tops Q1 EPS by 40c, Offers Guidance

Rite Aid Corporation Reports Fiscal 2024 First Quarter Results

June 29, 2023 7:00 AM EDT

Revenues of $5.7 Billion, Compared to Prior Year Revenues of $6.0 Billion Retail Comparable Same Store Prescriptions Increased 4.7 Percent Comparable Same Store Prescriptions, Excluding COVID Impact, Increased 7.4 Percent Net Loss of $306.7 Million Compared to Prior Year Net Loss of $110.2 Million Increase Largely Attributable to a Goodwill Impairment Charge at Elixir Adjusted EBITDA of $91.7 Million, Compared to Prior Year Adjusted EBITDA of $100.1 Million Updates Fiscal 2024 Outlook

PHILADELPHIA--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE: RAD) today reported operating results for its first fiscal... More