Rite Aid Corporation is an American drugstore chain. The Company operates in two distinct segments:  Retail Pharmacy and Pharmacy Services. In Rite Aid retail stores, Rite Aid sells prescription drugs and a wide assortment of other merchandise, which it calls "front-end" products. Front-end products include over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise and numerous other everyday and convenience products. The Company's Pharmacy Services segment consists of EnvisionRx, which provides a range of pharmacy benefit services.

Type
Public
HQ
Camp Hill, US
Founded
1968
Size (employees)
88,700 (est)
Rite Aid was founded in 1968 and is headquartered in Camp Hill, US
Report incorrect company information

Key People/Management at Rite Aid

Ken Martindale

Ken Martindale

CEO
John Standley

John Standley

Chairman and Chief Executive Officer
Tony Montini

Tony Montini

Executive Vice President
Bryan Everett

Bryan Everett

Executive Vice President
Jocelyn Konrad

Jocelyn Konrad

Executive Vice President
Darren Karst

Darren Karst

Senior Executive Vice President, Chief Financial Officer and Chief Administrative Officer
Show more

Rite Aid Office Locations

Rite Aid has an office in Camp Hill
Camp Hill, US (HQ)
30 Hunter Ln
Show all (1)
Report incorrect company information

Rite Aid Financials and Metrics

Rite Aid Financials

Rite Aid's revenue was reported to be $21.53 b in FY, 2018
USD

Revenue (FY, 2018)

21.5 b

Gross profit (FY, 2018)

4.8 b

Gross profit margin (FY, 2018), %

22.2%

Net income (FY, 2018)

943.5 m

Market capitalization (15-May-2018)

1.8 b

Closing share price (15-May-2018)

1.7

Cash (3-Mar-2018)

447.3 m
Rite Aid's current market capitalization is $1.8 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Revenue

25.5 b26.5 b30.7 b21.5 b

Revenue growth, %

4%16%

Cost of goods sold

18.2 b19 b22.9 b16.7 b

Gross profit

7.3 b7.6 b7.8 b4.8 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2017Q1, 2017Q3, 2018

Revenue

6.3 b6.4 b6.5 b6.5 b6.7 b6.6 b7.7 b8.2 b8 b8.1 b7.7 b7.8 b16.1 b

Cost of goods sold

4.5 b4.6 b4.7 b4.6 b4.8 b4.8 b5.7 b6.3 b6.1 b6.2 b5.9 b6 b12.6 b

Gross profit

1.8 b1.8 b1.8 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.9 b1.8 b1.8 b3.5 b

Gross profit Margin, %

29%28%28%29%29%28%25%23%24%23%23%23%22%
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Cash

146.4 m115.9 m124.5 m447.3 m

Accounts Receivable

949.1 m980.9 m1.6 b1.9 b

Inventories

1.8 b

Current Assets

4.3 b4.2 b4.6 b4.7 b
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2017Q1, 2017Q3, 2018

Cash

144.2 m183.2 m166 m185.8 m233 m1.9 b152.6 m144.8 m136.1 m220 m239 m214.4 m169.8 m

Accounts Receivable

922.6 m850.2 m910.6 m954.8 m996.5 m969.7 m1.9 b1.7 b1.8 b1.7 b1.8 b1.8 b1.8 b

Current Assets

4.5 b4.4 b4.2 b4.2 b4.4 b5.8 b5.1 b4.6 b4.9 b5 b5.2 b5 b5.9 b

PP&E

1.9 b2 b2 b2 b2.1 b2.1 b2.2 b2.3 b2.3 b2.3 b2.2 b2.2 b1.5 b
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2018

Net Income

249.4 m2.1 b165.5 m943.5 m

Depreciation and Amortization

386.1 m

Inventories

56.6 m130 m182 m18.8 m

Accounts Payable

(100.8 m)(170 m)(21.2 m)211.5 m
Quarterly
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2017Q1, 2017Q3, 2018

Net Income

32.8 m71.5 m41.4 m127.8 m104.8 m18.8 m40.3 m(4.6 m)10.2 m25.2 m95.4 m(75.3 m)176.4 m

Depreciation and Amortization

109.6 m237.3 m138.8 m280.8 m424.1 m274.1 m142.1 m292.4 m

Inventories

56.2 m(24.5 m)59.4 m(157.5 m)(291.6 m)(62.7 m)31.2 m(84.7 m)

Accounts Payable

79.7 m31.9 m115.6 m150.3 m225.3 m62.6 m4.4 m118.9 m
USDY, 2018

Revenue/Employee

242.7 k

Financial Leverage

5.6 x
Show all financial metrics
Report incorrect company information