PHILADELPHIA — Rite Aid reported a narrower than projected loss and topped Wall Street’s revenue forecast for its third quarter. The company reported an adjusted loss of $7.9 million, or 14 cents a share. Analysts had estimated it would be 15 cents a share. Revenue of $6.08 billion bettered Wall Street’s expectation of $5.94 billion.
PHILADELPHIA – Rite Aid Corp. announced Mpox vaccine offerings at select locations in Philadelphia in partnership with the Philadelphia Department of Health. The Centers for Disease Control and Prevention (CDC) recommends vaccination for people who have been exposed to monkeypox and people who may be more likely to contract monkeypox in the future. Currently, 10
NEW YORK – ValueBlue, creators of the BlueDolphin agile enterprise application collaboration platform, today announced that Rite Aid is the latest retailer to adopt BlueDolphin, the enterprise SaaS tool that helps organizations map out and execute business transformation. ValueBlue is working with Rite Aid to standardize business processes and increase connectivity between business units. Rite
PHILADELPHIA, Pa. – Rite Aid Corp. on Thursday opened its first Rite Aid Pharmacy location in Craigsville, Virginia, the first in a pilot program to improve access for pharmacy services in “pharmacy deserts” and underserved communities. The company plans to open two more Rite Aid Pharmacy locations in Virginia by early 2023. Each new Rite
PHILADELPHIA — Rite Aid and Grubhub announced on Thursday that they’ve partnered to deliver thousands of Rite Aid’s drugstore products right to customers’ doorsteps. More than 2,000 locations in 16 states are available on the Grubhub Marketplace for delivery. Cold and flu season peaks between December and February, but there has already been a high and early
PHILADELPHIA — Rite Aid announced that president and CEO Heyward Donigan and CFO Matt Schroeder will present at the Credit Suisse 31st Annual Healthcare Conference in Rancho Palos Verdes, California, on November 9th at 4:25 p.m. Eastern Time. The presentation can be viewed live via webcast accessible on Rite Aid’s Investor Relations site: https://investors.riteaid.com/overview/default.aspx.
PHILADELPHIA — As the U.S. Centers for Disease Control & Prevention (CDC) warns of early increases in seasonal influenza cases, Rite Aid (NYSE: RAD) addresses common misperceptions about vaccination and stresses the importance of staying up to date on flu and COVID-19 vaccinations before Halloween. “People are looking forward to celebrating Halloween and the upcoming holiday
PHILADELPHIA — With flu and respiratory illnesses expected to increase during fall and winter months, Rite Aid is making diagnostic testing easier for Michigan customers with rapid point-of-care testing now available at all stores throughout the state. Point-of-care testing provides customers with rapid turnaround of test results combined with onsite prescriptions for those who test
PHILADELPHIA _ Following FDA authorization and new CDC recommendations, Rite Aid stores, including Bartell Drugs in the Pacific Northwest, are now offering updated boosters of the Pfizer-BioNTech and Moderna COVID-19 vaccines for children ages five and older. Both vaccines require that it has been at least two months since completion of primary COVID vaccination series
PHILADELPHIA – With Halloween lurking, Rite Aid released findings on consumers’ favorite trick-or-treating novelties and seasonal shopping habits, based on an examination of sales data from a year ago. Rite Aid says the data reveal unexpected insights around how Americans prepare for Halloween night. More than 2.8 million pounds of Halloween candy was purchased through
PHILADELPHIA — Rite Aid and Google Cloud are entering a multi-year technology partnership to help Rite Aid realize its vision of a modern pharmacy, the companies said on Tuesday. Google Cloud technologies will provide Rite Aid with better insights, increased agility and improved customer experiences, the companies added. Modernized applications for personalized digital experiences will
PHILADELPHIA – Rite Aid had mixed second quarter results, reporting sales that beat analysts’ forecast but posting a wider than expected loss. The company ‘s $5.9 billion in revenue topped Wall Street’s prediction of $5.77 billion. But its adjusted 63 cents per share loss was worse than the anticipated 55 cents per share. For fiscal
PHILADELPHIA – Getting vaccinated can be a family affair. Rite Aid will offer Family Immunization Days at select stores, including Bartell Drugs in the Pacific Northwest, providing families convenient opportunities to walk in and get the vaccinations they need to protect themselves against COVID-19, the flu and other diseases. Rite Aid Family Immunization Days are
PHILADELPHIA — Rite Aid announced on Monday that Steve Bixler, vice president of financial accounting, will become the new chief accounting officer effective Jan. 13, 2023, following the retirement of Brian Hoover who has served in the role for the last three years during his 27 years with Rite Aid. Bixler will report to chief
