OverviewSuggest Edit

Rite Aid Corporation is a company delivering health care services and retail products. It operates in two segments: Retail Pharmacy and Pharmacy Services. The Retail Pharmacy segment’s primary business is the sale of prescription drugs and related consultation to its customers. The Pharmacy Services segment offers a range of pharmacy benefit management services including plan design and administration, on both a transparent pass-through model and traditional model, formulary management, and claims processing.

TypePublic
Founded1968
HQCamp Hill, PA, US
Websiteriteaid.com
Employee Ratings3.2
Overall CultureC-

Locations

Rite Aid is headquartered in
Camp Hill, United States

Location Map

Latest Updates

Employees (est.) (Feb 2020)27,840(-13%)
Job Openings3,133
Revenue (FY, 2021)$24 B(+10%)
Share Price (Jul 2021)$15.8(+2%)
Cybersecurity ratingBMore

Key People/Management at Rite Aid

Heyward Donigan

Heyward Donigan

President and Chief Executive Officer
Jim Peters

Jim Peters

Chief Operating Officer
Matt Schroeder

Matt Schroeder

Executive Vice President and Chief Financial Officer
Jocelyn Konrad

Jocelyn Konrad

Executive Vice President, Chief Pharmacy Officer
Jessica Kazmaier

Jessica Kazmaier

Executive Vice President and Chief Human Resources Officer
Justin Mennen

Justin Mennen

Executive Vice President and Chief Information Officer
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Rite Aid Office Locations

Rite Aid has offices in Camp Hill, Goldsboro and Shiremanstown
Camp Hill, PA, US (HQ)
30 Hunter Ln
Camp Hill, PA, US
451 St Johns Church Rd
Goldsboro, PA, US
200 Newberry Commons
Shiremanstown, PA, US
433 Railroad Ave
Show all (4)

Rite Aid Financials and Metrics

Rite Aid Revenue

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Rite Aid's revenue was reported to be $24.04 b in FY, 2021 which is a 9.6% increase from the previous period.
USD

Revenue (FY, 2021)

24.0b

Revenue growth (FY, 2020 - FY, 2021), %

9.6%

Gross profit (FY, 2021)

4.7b

Gross profit margin (FY, 2021), %

19.6%

Net income (FY, 2021)

(90.9m)

Market capitalization (21-Jul-2021)

868.4m

Closing stock price (21-Jul-2021)

15.8

Cash (27-Feb-2021)

160.9m

EV

7.1b
Rite Aid's current market capitalization is $868.4 m.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

21.6b21.9b24.0b

Revenue growth, %

1%10%

Cost of goods sold

17.0b17.2b19.3b

Gross profit

4.7b4.7b4.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

5.4b5.4b5.5b5.4b5.4b5.5b6.0b6.0b6.1b

Cost of goods sold

4.2b4.3b4.3b4.2b4.2b4.3b4.8b4.8b4.9b

Gross profit

1.2b1.2b1.2b1.1b1.1b1.2b1.2b1.2b1.2b

Gross profit Margin, %

22%21%22%21%21%22%20%19%20%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

144.4m218.2m160.9m

Accounts Receivable

1.8b1.3b1.5b

Prepaid Expenses

179.1m181.8m106.9m

Inventories

1.9b1.9b1.9b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

147.1m132.5m410.0m190.5m142.2m289.5m288.3m92.7m50.8m

Accounts Receivable

1.9b2.0b1.7b1.8b1.9b1.7b1.6b1.9b1.8b

Prepaid Expenses

151.1m169.3m176.4m104.8m183.4m178.3m107.7m114.1m116.5m

Inventories

1.8b1.8b1.9b1.9b2.0b2.0b1.9b1.9b2.0b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

(422.2m)(452.2m)(90.9m)

Depreciation and Amortization

357.9m328.3m327.1m

Inventories

(44.6m)15.1m177.3m

Accounts Payable

125.9m(92.1m)(35.4m)
USDQ1, 2019

Debt/Equity

1.8 x

Debt/Assets

0.4 x

Financial Leverage

4.6 x
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Rite Aid Operating Metrics

Rite Aid's Stores was reported to be 2.5 k in FY, 2021.
Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021FY, 2021

Stores

2.53 k2.53 k2.53 k2.47 k2.47 k2.46 k2.46 k2.46 k2.46 k2.45 k2.45 k2.51 k

Stores Closed

1781824201047318

Stores Remodeled and Expanded

493321134272414761137

Stores New

010120020000
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Rite Aid Acquisitions / Subsidiaries

Company NameDateDeal Size
Bartell DrugsOctober 08, 2020$95 m
Envision PharmaceuticalFebruary 11, 2015$2 b
RediClinicApril 10, 2014
Health DialogApril 01, 2014
Edgehill DrugsFebruary 08, 1999
PCS Health SystemsJanuary 22, 1999
HarcoJuly 21, 1997
K&B IndustriesJuly 21, 1997
1515 West State Street Boise, Idaho, LLC
1740 Associates, LLC
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Rite Aid Revenue Breakdown

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Rite Aid revenue breakdown by business segment: 67.2% from Retail Pharmacy and 32.8% from Pharmacy Services

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Rite Aid Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Rite Aid Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Rite Aid Online and Social Media Presence

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Rite Aid Company Culture

  • Overall Culture

    C-

    67/100

  • CEO Rating

    C

    70/100

  • Compensation

    D-

    50/100

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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, Jim Peters and Matt Schroeder.

  • How many employees does Rite Aid have?

    Rite Aid has 27,840 employees.

  • What is Rite Aid revenue?

    Latest Rite Aid annual revenue is $24 b.

  • What is Rite Aid revenue per employee?

    Latest Rite Aid revenue per employee is $863.6 k.

  • Who are Rite Aid competitors?

    Competitors of Rite Aid include Dollar General, Express Scripts and Kroger.

  • Where is Rite Aid headquarters?

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

  • Where are Rite Aid offices?

    Rite Aid has offices in Camp Hill, Goldsboro and Shiremanstown.

  • How many offices does Rite Aid have?

    Rite Aid has 4 offices.