What is Rite Aid net worth?
Ava Robinson
Updated on February 09, 2026
What is Rite Aid net worth?
Rite Aid
| Formerly | Thrift D Discount Center (1962–1968) |
|---|---|
| Net income | −US$422 million (FY2019) |
| Total assets | US$7.591 billion (FY2019) |
| Total equity | US$1.187 billion (FY2019) |
| Number of employees | 53,100 (Q1 2019) |
What sector is rad in?
Description. Rite Aid Corporation, through its subsidiaries, operates a chain of retail drugstores in the United States. The company operates through two segments, Retail Pharmacy and Pharmacy Services.
How many shares does Rite Aid have?
Share Statistics
| Avg Vol (3 month) 3 | 2.36M |
|---|---|
| Shares Outstanding 5 | 55.09M |
| Implied Shares Outstanding 6 | N/A |
| Float | 51.61M |
| % Held by Insiders 1 | 2.84% |
Who did Rite Aid buyout?
Topline. Rite Aid agreed to acquire the Seattle-area family-owned drugstore chain Bartell Drugs for $95 million, seeking to add scale three years after the Camp Hill, Pa. -based company sold almost half its stores to Walgreens after a failed merger, leaving it in a weaker position in an industry that is consolidating.
How many stores does Rite Aid have left?
How many Rite Aid stores will remain in each state after the sale to Walgreens. Related Article »
| State | Rite Aid Stores Now | Stores That Will Remain Rite Aids After Deal |
|---|---|---|
| California | 576 | 576 |
| Pennsylvania | 536 | 534 |
| Michigan | 274 | 274 |
| New Jersey | 251 | 133 |
Is Rite Aid and Walgreens owned by the same company?
Upon completion of the merger, Rite Aid will be a wholly owned subsidiary of Walgreens Boots Alliance, and is expected to initially operate under its existing brand name.
Is Rite Aid a buy or sell?
Rite Aid has received a consensus rating of Sell. The company’s average rating score is 1.33, and is based on no buy ratings, 1 hold rating, and 2 sell ratings.
Why is Rite Aid stock so low?
What happened. Shares of Rite Aid (NYSE:RAD) were plunging 14.3% lower as of 11:22 a.m. EDT on Thursday. The steep decline came after the pharmacy retailer reported its fiscal 2022 first-quarter results before the market opened.
Will Rite Aid get bought out?
(Nasdaq: WBA) and Rite Aid Corporation (NYSE: RAD) today announced that they have entered into a definitive agreement under which Walgreens Boots Alliance will acquire all outstanding shares of Rite Aid, a U.S. retail pharmacy chain, for $9.00 per share in cash, for a total enterprise value of approximately $17.2 …
Will my Rite Aid become a Walgreens?
The Rite Aid on Gayle Drive in Berkeley Springs will be transform over the next two months, converting to a fully-branded Walgreens store on Friday, February 28, 2020. The store’s last day of business as a Rite Aid will be Sunday, February 23.
Which Rite Aid stores were bought by Walgreens?
Walgreens Boots Alliance completed its $4.4 billion acquisition of 1,932 Rite Aid stores and three distribution centers in March after a failed 2015 bid to buy the chain outright. Walgreens acquired many of the locations across the Northeast and the South.
How big is the market cap of Rite Aid?
Rite Aid market cap history and chart from 2006 to 2020. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Rite Aid market cap as of March 09, 2021 is $1.15B.
What kind of company is Rite Aid Corporation?
For more information on how our historical price data is adjusted see the Stock Price Adjustment Guide. Rite Aid Corporation is a retail drugstore chain in the United States serving customers in numerous states across the country and in the District of Columbia. It operates stores in the majority of the major U.S. metropolitan markets.
What was the stock price of Rite Aid in 1999?
The all-time high Rite Aid stock closing price was 1018.80 on January 08, 1999. The Rite Aid 52-week high stock price is 23.88, which is 97.5% above the current share price. The Rite Aid 52-week low stock price is 5.04, which is 58.3% below the current share price. The average Rite Aid stock price for the last 52 weeks is 9.86.
What does it mean to have restricted stock in Rite Aid?
Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company’s dividend expressed as a percentage of its current stock price. RAD is not currently paying a regular dividend. The total number of shares of a security that have been sold short and not yet repurchased.
Rite Aid market cap history and chart from 2006 to 2020. Market capitalization (or market value) is the most commonly used method of measuring the size of a publicly traded company and is calculated by multiplying the current stock price by the number of shares outstanding. Rite Aid market cap as of March 09, 2021 is $1.15B.
Restricted stock typically is that issued to company insiders with limits on when it may be traded. A company’s dividend expressed as a percentage of its current stock price. RAD is not currently paying a regular dividend. The total number of shares of a security that have been sold short and not yet repurchased.
When is the next Rite Aid earnings call?
Rite Aid’s (RAD) Q4 results gain from RxEvolution strategy, strength in Elixir brand and robust online growth. However, COVID-related costs woes and lesser cases of cough, cold and flu are concerns. RAD earnings call for the period ending March 31, 2021.
What was the loss for Rite Aid Corp?
Rite Aid Corp. shares sank 12.6% in Thursday premarket trading after the pharmacy retailer reported wider-than-expected losses in the fourth quarter. Net loss totaled $324.7 million, or $6.08 per share, after a loss of $273.0 million, or $5.15 per share, last year.
