OverviewSuggest Edit

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.

TypePublic
Founded1968
HQCamp Hill, US
Websiteriteaid.com
Employee Ratings3

Locations

Rite Aid is headquartered in
Camp Hill, United States

Location Map

Latest Updates

Employees (est.) (Mar 2019)32,190(-10%)
Job Openings2,559
Revenue (FY, 2019)$21.6 B
Share Price (Nov 2019)$10 (+4%)

Key People/Management at Rite Aid

Heyward Donigan

Heyward Donigan

CEO
Tony Montini

Tony Montini

EVP
Bryan Everett

Bryan Everett

EVP
Jocelyn Konrad

Jocelyn Konrad

EVP
Darren Karst

Darren Karst

Senior Executive Vice President, Chief Financial Officer and Chief Administrative Officer
David Abelman

David Abelman

Executive Vice President, Marketing
Show more

Rite Aid Office Locations

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

Rite Aid Financials and Metrics

Rite Aid Revenue

Embed Graph
View revenue for all periods
Rite Aid's revenue was reported to be $21.64 b in FY, 2019
USD

Revenue (Q2, 2020)

5.4b

Gross profit (Q2, 2020)

1.1b

Gross profit margin (Q2, 2020), %

21.3%

Net income (Q2, 2020)

(79.3m)

Market capitalization (12-Nov-2019)

547.1m

Closing stock price (12-Nov-2019)

10.0

Cash (31-Aug-2019)

142.2m

EV

7.0b
Rite Aid's current market capitalization is $547.1 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

25.2b26.1b25.4b25.5b26.5b30.7b32.8b21.5b21.6b

Revenue growth, %

4%16%

Cost of goods sold

18.5b19.3b18.1b18.2b19.0b22.9b25.1b16.7b17.0b

Gross profit

6.7b6.8b7.3b7.3b7.6b7.8b7.8b4.8b4.7b
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

6.2b6.2b6.4b6.3b6.3b6.5b6.2b6.2b6.3b6.3b6.4b6.5b6.5b6.7b6.6b7.7b8.2b8.2b8.0b8.1b7.8b7.7b5.4b5.4b5.4b5.5b5.4b5.4b

Cost of goods sold

4.5b4.6b4.7b4.6b4.6b4.7b4.5b4.4b4.5b4.5b4.6b4.7b4.6b4.8b4.8b5.7b6.2b6.3b6.1b6.2b6.0b5.9b4.2b4.2b4.3b4.3b4.2b4.2b

Gross profit

1.6b1.6b1.7b1.6b1.7b1.7b1.7b1.8b1.8b1.8b1.8b1.8b1.9b1.9b1.9b1.9b2.0b1.9b1.9b1.9b1.8b1.8b1.2b1.2b1.2b1.2b1.1b1.1b

Gross profit Margin, %

27%26%26%26%26%27%27%29%29%29%28%28%29%29%28%25%25%23%24%23%23%23%22%22%21%22%21%21%
USDY, 2019

EV/CFO

-21.3 x

Debt/Equity

6.9 x

Debt/Assets

0.6 x

Financial Leverage

11.1 x
Show all financial metrics

Rite Aid Online and Social Media Presence

Embed Graph

Rite Aid Frequently Asked Questions

  • When was Rite Aid founded?

    Rite Aid was founded in 1968.

  • Who are Rite Aid key executives?

    Rite Aid's key executives are Heyward Donigan, Tony Montini and Bryan Everett.

  • How many employees does Rite Aid have?

    Rite Aid has 32,190 employees.

  • What is Rite Aid revenue?

    Latest Rite Aid annual revenue is $21.6 b.

  • What is Rite Aid revenue per employee?

    Latest Rite Aid revenue per employee is $672.2 k.

  • Who are Rite Aid competitors?

    Competitors of Rite Aid include Kroger, Walmart and CVS Health.

  • Where is Rite Aid headquarters?

    Rite Aid headquarters is located at 30 Hunter Ln, Camp Hill.

  • Where are Rite Aid offices?

    Rite Aid has an office in Camp Hill.

  • How many offices does Rite Aid have?

    Rite Aid has 1 office.