Rite Aid Corporation Stock Quote & Summary Data
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ETFs with RAD as a Top 10 Holding*Sponsored by:
| Weighting | ETF Name (Symbol) | 100-Day Price Change (%) |
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| 2.81% | PowerShares Dynamic Retail (PMR) | +5.78 (23.34%) |
| 1.57% | SPDR S&P Retail ETF (XRT) | +10.63 (17.45%) |
| 0.32% | Guggenheim Russell 2000 Equal Weight ETF (EWRS) | +5.32 (16.50%) |
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*Data is provided by Barchart.com. Data reflects weightings calculated at the beginning of each month. Data is subject to change.
**Green highlights the top performing ETF by % change in the past 100 days.
Company Description (as filed with the SEC)
Rite Aid is the third largest retail drugstore chain in the United States based on both revenues and number of stores. As of March 2, 2013, we operated 4,623 stores in 31 states across the country and in the District of Columbia. In our stores, we sell prescription drugs and a wide assortment of other merchandise, which we call "front-end" products. In fiscal 2013, prescription drug sales accounted for 67.6% of our total sales. We believe that pharmacy operations will continue to represent a significant part of our business due to favorable industry trends, including an aging population, increased life expectancy, anticipated growth in the federally funded Medicare Part D prescription program as "baby boomers" start to enroll, expanded coverage for uninsured Americans as the result of the Patient Protection and Affordable Care Act and the discovery of new and better drug therapies. ... More ...
Consensus Recommendation |
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Analyst Info |
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| Annual EPS Est: | $0.24 |
| Quarterly EPS Est: | 0.04 |
| PEG Ratio: | .02 |
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Mean Recommendation: View Summary / View All |
2.67 |
Data is provided by Zacks Investment Research