Rite Aid Corporation Reports Fiscal 2020 Fourth Quarter and Full Year Results
Rite Aid Corporation (RAD)
Last rite aid corporation earnings: 4/16 07:00 am
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US:NYSE Investor Relations:
riteaid.com/corporate/investor-relations
Company Research
Source: Business Wire
Provides Update on Impact of COVID-19 on the BusinessFourth Quarter Net Loss from Continuing Operations of $343.5 Million, or $6.43 Per Share, Compared to the Prior Year Fourth Quarter Net Loss of $255.6 Million, or $4.83 Per ShareFourth Quarter Net Loss from Continuing Operations Includes $320.6 Million, or $6.00 Per Share of Non-Cash Income Tax ExpenseFourth Quarter Adjusted Net Loss from Continuing Operations of $19.9 Million, or $0.37 Per Share, Compared to the Prior Year Fourth Quarter Adjusted Net Loss of $13.3 Million, or $0.25 Per ShareFourth Quarter Adjusted EBITDA from Continuing Operations of $135.6 Million, Compared to the Prior Year Fourth Quarter Adjusted EBITDA of $134.1 MillionStrong Growth in Pharmacy Services Segment Revenues and Same Store Prescription VolumeSubstantially Improved Pro-Forma Leverage Ratio to 5.3x Adjusted EBITDAFiscal 2021 Outlook as Previously Announced on March 16, 2020 Unchanged – Ultimate Impact of COVID-19 on Fiscal 2021 Outlook Uncertain CA
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