Shares in Bio-Rad dropped 16.8 percent for the five-day trading period ended Tuesday. The firm’s shares took a hit due to an underwhelming financial forecast during its fourth-quarter conference call last week (see related article, this issue), and a drop in stocks across the board.
Similarly, How many shares does Rite Aid have?
Share Statistics
| Avg Vol (3 month) 3 | 3.29M |
|---|---|
| Shares Outstanding 5 | 55.77M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 52.26M |
| % Held by Insiders 1 | 2.72% |
Is Rite Aid in Debt? How Much Debt Does Rite Aid Carry? The image below, which you can click on for greater detail, shows that Rite Aid had debt of US$3.11b at the end of August 2021, a reduction from US$3.51b over a year. On the flip side, it has US$146.6m in cash leading to net debt of about US$2.97b.
Thereof, Has Rite Aid been sold?
On September 19, 2017, the Federal Trade Commission (FTC) approved a fourth deal agreement, this time allowing Walgreens to purchase only 1,932 Rite-Aid stores for $4.38 billion. The sale was completed on March 27, 2018.
How is Rite Aid doing financially?
The FactSet consensus is for revenue of $25 billion and loss per share of 77 cents. Rite Aid shares have slumped 5.1% in 2021 while the S&P 500 index SPX, +0.87% has gained 23.7% for the period.
Who audits Rite Aid?
The company disclosed in a recent Form 8-K filing that 15.3 percent of its shareholders voted against ratifying Deloitte, which has audited Rite Aid’s financial statements since 1999.
Who is Heyward Donigan?
Heyward Donigan was appointed Rite Aid’s president and chief executive officer in August 2019. Before joining Rite Aid, Donigan was president and chief executive officer of Sapphire Digital, which designs and develops omnichannel platforms that help consumers choose their best fit healthcare providers.
How much debt does CVS have?
What Is CVS Health’s Net Debt? You can click the graphic below for the historical numbers, but it shows that CVS Health had US$54.9b of debt in December 2021, down from US$63.6b, one year before. On the flip side, it has US$12.5b in cash leading to net debt of about US$42.4b.
What is wrong with Rite Aid?
Computerized distribution snafus and charges of software-based consumer fraud have contributed to the pharmacy chain’s bottom-line ills. Multimillion-dollar losses, allegations of software-based consumer fraud, computer problems at an advanced distribution center and a new CIO have put the IT group at Rite Aid Corp.
Is Rite Aid profitable?
For the third quarter, the company reported net loss from continuing operations of $36.1 million, or $0.67 loss per share, Adjusted net income from continuing operations of $8.2 million, or $0.15 income per share, and Adjusted EBITDA from continuing operations of $154.8 million, or 2.5 percent of revenues.
Did Walgreens buy Rite Aid 2021?
Walgreens will be acquiring 1900 Rite Aid stores and become the largest drug store chain in the United States. Rite Aid is destined to become a more regional chain.
How much debt does Rite Aid have?
Based on Rite Aid’s balance sheet as of October 5, 2021, long-term debt is at $3.13 billion and current debt is at $6.73 million, amounting to $3.14 billion in total debt. Adjusted for $146.56 million in cash-equivalents, the company’s net debt is at $2.99 billion.
What is Rite Aid annual revenue?
Rite Aid Annual Revenue. (Millions of US $) 2021. $24,043. 2020.
What is Rite Aid elixir?
Elixir, a fully owned subsidiary of Rite Aid Corporation, is a pharmacy services provider offering pharmacy benefit management, Medicare-approved prescription drug plans, mail and specialty pharmacy solutions, and prescription discount programs.
What is Rite Aid’s annual revenue?
Compare RAD With Other Stocks
| Rite Aid Annual Revenue (Millions of US $) | |
|---|---|
| 2020 | $21,928 |
| 2019 | $21,640 |
| 2018 | $21,529 |
| 2017 | $22,928 |
How much is the Rite Aid CEO worth?
The estimated Net Worth of Heyward R Donigan is at least $13.8 Million dollars as of 22 December 2021. Ms. Donigan owns over 14,350 units of Rite Aid stock worth over $5,203,331 and over the last 6 years she sold RAD stock worth over $0.
How much is Walgreens debt?
According to the Walgreens Boots Alliance’s most recent financial statement as reported on October 14, 2021, total debt is at $8.98 billion, with $7.67 billion in long-term debt and $1.30 billion in current debt. Adjusting for $1.19 billion in cash-equivalents, the company has a net debt of $7.79 billion.
Who bought out CVS?
A federal district court judge signed off on the $70 billion merger between CVS Corp. and Aetna on Wednesday after months of scrutinizing the U.S. Justice Department’s antitrust settlement with the companies.
Did Walgreens buy Rite Aid?
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 many Rite Aid stores are there in the US?
Rite Aid Corporation is also proud to be one of the nation’s leading drugstore chains. With approximately 2,500 stores in 17 states, we have a strong presence on both the East and West Coasts, employing more than 51,000 associates.
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