A Rite Aid Corp. Store Ahead Of Earnings Figures
A pedestrian walks past a Rite Aid Corp. store in New York, U.S., on Wednesday, Dec. 14, 2016. Photographer: Victor J. Blue/Bloomberg via Getty ImagesVictor J. Blue — Bloomberg via Getty Images
  • Previous Rank
    340
  • Revenues ($M)
    32845
  • Revenue Percent Change
    6.9
  • Profits ($M)
    4.1
  • Profits Percent Change
    -97.6
  • Assets ($M)
    11594
  • Employees
    70430

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.

Company Information

CEOJohn T. Standley
SectorFood & Drug Stores
IndustryFood and Drug Stores
HQ LocationCamp Hill, PA
Websitewww.riteaid.com
Years on Global 500 List19
Employees70,430

Key Financials (Last Fiscal Year)

Revenues ($M)$32,845
Profits ($M)$4.1
Assets ($M)$11,594
Total Stockholder Equity ($M)$614

Profit Ratios

Profit as % of Revenues-
Profits as % of Assets-
Profits as % of Stockholder Equity0.7%