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Rite Aid Corp (RAD)

Rite Aid Corp (RAD)
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Rite Aid Corporation is on the front lines of delivering health care services and retail products to over one million Americans daily. It provides an array of whole being health products and services for the entire family through retail pharmacies across states. Through Elixir, pharmacy benefits manager, it provides pharmacy benefits and services nationwide. Its key accomplishments include: i) advancing pharmacy strategy, including rebranding retail stores and Elixir, ii) launching a new member portal at Elixir, iii) expanding business, iv) introducing three flagship remodels and v) expanding COVID-19 testing and vaccinations. The company initiates a strategic plan named RxEvolution, which includes significant rebranding, a merchandising overhaul, new marketing and integration and operational initiatives, in both Retail Pharmacy and Pharmacy Services segments.
(Values in U.S. Thousands) Feb, 2023 Feb, 2022 Feb, 2021 Feb, 2020 Feb, 2019
Sales 24,091,900 24,568,260 24,043,240 21,928,391 21,639,561
Sales Growth -1.94% +2.18% +9.64% +1.33% +0.51%
Net Income -749,940 -538,480 -90,910 -452,170 -422,210
Net Income Growth -39.27% -492.32% +79.89% -7.10% -144.75%
(Values in U.S. Thousands) Feb, 2023 Feb, 2022 Feb, 2021 Feb, 2020 Feb, 2019
Total Assets 7,527,360 8,529,000 9,335,400 9,452,370 7,591,370
Total Assets Growth -11.74% -8.64% -1.24% +24.51% -15.55%
Total Liabilities 8,169,140 8,429,970 8,720,250 8,777,840 6,404,680
Total Liabilities Growth -3.09% -3.33% -0.66% +37.05% -13.31%
(Values in U.S. Thousands) Feb, 2023 Feb, 2022 Feb, 2021 Feb, 2020 Feb, 2019
Operating Cash Flow -52,440 379,270 105,180 510,860 -165,710
Operating Cash Flow Growth -113.83% +260.59% -79.41% +408.29% -132.40%
Net Cash Flow 117,430 -121,180 -57,280 73,830 -302,980
Change in Net Cash Flow +196.91% -111.56% -177.58% +124.37% -250.05%
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