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Thursday, June 23, 2022

Rite Aid ups guidance after revenue beat

 

  • Retail Comparable Store Prescriptions Increased 0.9 Percent – Comparable Store Non-COVID Acute Prescriptions Increased 11.9 Percent

  • Revenues of $6.01 billion, Compared to Prior Year Revenues of $6.16 billion

  • Net Loss per Share of $2.03, Compared to Prior Year Net Loss per Share of $0.24

  • Adjusted Net Loss per Share of $0.60, Compared to Prior Year Adjusted Net Income per Share of $0.38, Driven by Non-Cash Impairment Charges and Cycling Prior Year COVID Vaccination Benefit

  • Adjusted EBITDA of $100.1 million, Compared to the Prior Year Adjusted EBITDA of $138.9 million

  • Increases Fiscal 2023 Revenue and Maintains Fiscal 2023 Adjusted EBITDA Guidance

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