Rite Aid Corp (RAD) Files 10-K for the Fiscal Year Ended on February 28, 2018

Rite Aid Corp (RAD, Financial) files its latest 10-K with SEC for the fiscal year ended on February 28, 2018. Rite Aid Corp operates retail drugstore chains in the United States. The business activity of the group is functioned through two segments namely Retail Pharmacy and Pharmacy Services. It operates more than 4,500 stores in 31 states across the country. Rite Aid Corp has a market cap of $1.74 billion; its shares were traded at around $1.63 with a P/E ratio of 1.80 and P/S ratio of 0.06.

For the last quarter Rite Aid Corp reported a revenue of $5.4 billion, compared with the revenue of $15.8 billion during the same period a year ago. For the latest fiscal year the company reported a revenue of $21.5 billion, a decrease of 34.5% from the previous year. For the last five years Rite Aid Corp had an average revenue growth rate of 0.2% a year.

The reported diluted earnings per share was 90 cents for the year, an increase of 22400% from previous year. Over the last five years Rite Aid Corp had an average EPS decline of 12.4% a year. The Rite Aid Corp had an operating margin of 0.6%, compared with the operating margin of 1.62% a year before. The 10-year historical median operating margin of Rite Aid Corp is 1.31%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Rite Aid Corp has the cash and cash equivalents of $447.3 million, compared with $245.4 million in the previous year. The long term debt was $3.4 billion, compared with $7.3 billion in the previous year. The company's operating income of cannot cover its interest payment during the last fiscal year. Rite Aid Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $1.63, Rite Aid Corp is traded at close to its historical median P/S valuation band of $1.74. The P/S ratio of the stock is 0.06, while the historical median P/S ratio is 0.07. The stock lost 59.95% during the past 12 months.

For the complete 20-year historical financial data of RAD, click here.