Rite Aid Corp.

NYSE:RAD   4:00:00 PM EDT
5.10
+0.03 (+0.59%)
: $5.10 0.00 (0.00%)
Other Pre-Announcement

Rite Aid Posts Q2 Revenue $5.9 Bln

Published: 09/29/2022 11:31 GMT
Rite Aid Corp. (RAD) - Q2 Revenue $5.9 Billion Versus $6.1 Billion.
Oration Reports Fiscal 2023 Second Quarter Results.
Fiscal 2023 Adjusted EBITDA Outlook Updated to $450 Million to $490 Million.
Qtrly Net Loss per Share of $6.07.
Qtrly Adjusted Net Loss per Share of $0.63.
Rite Aid Corporation is Maintaining Its Outlook for Fiscal 2023 Revenues.
Expect to Generate Positive Free Cash Flow in Fiscal 2023.
FY Pharmacy Services Segment Revenue is Expected to Be Between $6.25 Billion and $6.35 Billion.
FY Capital Expenditures Are Expected to Be Approximately $225 Million.
Adjusted Net Loss per Share is Expected to Be Between $1.52 and $0.97 for 2023.
As We Look to Second Half of Year, We Expect Continued Pressure on Consumer Spending and Supply Chain Challenges.
Q2 Earnings per Share View $-0.56, Revenue View $5.77 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2023 Earnings per Share View $-1.39, Revenue View $23.36 Billion -- Refinitiv Ibes Data (analyst estimates).