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Fortune 500

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91

Rite Aid

RAD

The proposed $9.4 billion merger between Rite Aid and Walgreens faces increasing scrutiny from the Federal Trade Commission. Rite Aid CEO John Standley has criticized what he says is a drawn-out regulatory process but has also admitted that the uncertainty around the deal is taking a hit on the pharmacy and drug store chain’s business. In a recent letter to employees, Standley seemed to imply that Rite Aid is mulling how to proceed if the deal falls through.

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CEO

John T. Standley

CEO Title

Chairman & Chief Executive Officer

Sector

Food & Drug Stores

Industry

Food and Drug Stores

HQ Location

Camp Hill, PA

Years on Fortune 500 List

23

Employees

70,580

Figures are for fiscal year ended Feb. 29, 2016.Profile provided by S&P Global.
Rite Aid is also featured in these fortune lists
Key Financials (Last Fiscal Year)
$ millions% change
Revenues ($M)$30,73715.9%
Profits ($M)$165.5-92.2%
Assets ($M)$11,277
Total Stockholder Equity ($M)$581.4
Market Value — as of March 31, 2017 ($M)$4,473
Profit Ratios
Profit as % of Revenues0.5%
Profits as % of Assets1.5%
Profits as % of Stockholder Equity28.5%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)0.16
EPS % Change (from 2015)-92.3%
EPS % Change (5 year annual rate)-
EPS % Change (10 year annual rate)-21.9%
Total Return
Total Return to Investors (2016)5.1%
Total Return to Investors (5 year, annualized)45.6%
Total Return to Investors (10 year, annualized)4.2%
STOCK QUOTE
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