Rite Aid
Financials
Estimates*
| USD | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenues | 21.6b | 21.9b | 24.0b | 24.6b | 24.1b | 22.7b | 22.7b |
| % growth | 1 % | 1 % | 10 % | 2 % | (2 %) | (6 %) | - |
| EBITDA | 498m | 573m | 459m | 454m | 287m | - | - |
| % EBITDA margin | 2 % | 3 % | 2 % | 2 % | 1 % | - | - |
| Profit | (422m) | (452m) | (91.0m) | (538m) | (750m) | - | - |
| % profit margin | (2 %) | (2 %) | - | (2 %) | (3 %) | - | - |
| EV / revenue | 0.2x | 0.3x | 0.3x | 0.3x | 0.2x | - | - |
| EV / EBITDA | 8.2x | 12.2x | 16.0x | 14.1x | 20.4x | - | - |
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | N/A | IPO | |
| N/A | $3.5m | Post IPO Equity | |
* | N/A | $200m | Post IPO Debt |
| Total Funding | - | ||
Recent News about Rite Aid
EditRite Aid Corporation, accessible via riteaid.com, is a prominent player in the retail drugstore market. Established in 1962, Rite Aid has grown to become one of the largest pharmacy chains in the United States. The company primarily serves individual consumers, providing a wide range of health and wellness products, including prescription medications, over-the-counter drugs, vitamins, and personal care items. Additionally, Rite Aid offers a variety of general merchandise such as clothing, accessories, home and office supplies, and pet products.
Operating in the retail pharmacy sector, Rite Aid's business model revolves around both brick-and-mortar stores and an online platform. The company generates revenue through the sale of prescription drugs, health and wellness products, and general merchandise. A significant portion of its income also comes from pharmacy services, including immunizations and health screenings.
Rite Aid's market includes a diverse demographic, catering to individuals seeking health-related products and services. The company emphasizes convenience and accessibility, with numerous locations across the United States and a user-friendly online shopping experience. Rite Aid also focuses on community health initiatives, such as administering COVID-19 vaccines, which further solidifies its role in public health.
The company is committed to fostering a diverse and inclusive workplace, which it believes enhances the overall customer experience and community engagement. Rite Aid's strategic acquisitions, such as the purchase of Bartell Drugs in 2020, have expanded its market presence and service capabilities.
In summary, Rite Aid is a comprehensive retail pharmacy chain that combines health and wellness products with general merchandise, serving a broad customer base through both physical stores and an online platform.
Keywords: Retail Pharmacy, Prescription Drugs, Health Products, Wellness, General Merchandise, Online Shopping, Community Health, COVID-19 Vaccines, Inclusive Workplace, Strategic Acquisitions.
Tech stack
Investments by Rite Aid
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