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4-Traders Homepage  >  Equities  >  Nyse  >  Rite Aid Corporation    RAD

Delayed Quote. Delayed  - 07/27 10:00:30 pm
6.97 USD   --.--%
07/25 RITE AID : Helps Students Prepare For Upcoming School Year With Uniq..
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Rite Aid : Helps Students Prepare For Upcoming School Year With Unique and Classic Back-to-School Offerings

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07/25/2016 | 03:16pm CEST

Rite Aid Shelves Stocked with Back-to-School Supplies to Help Students Succeed

The start of the new school year is around the corner and Rite Aid’s 4,600 stores nationwide are stocked with all the essentials to help students prepare. With a variety of products from lunchboxes, to dormitory needs, school supplies, tablets and more, Rite Aid is prepared to help students of all grade levels excel.

“With Rite Aid’s variety of unique and classic back to school items offered at outstanding prices, shoppers will find just what their students will need to academically succeed this school year, while shopping under budget,” said Tony Montini, Rite Aid executive vice president of merchandising and supply chain.

School Basics

Rite Aid carries the back-to-school staples from pens to pencils, crayons, highlighters, composition books, rulers, glue, tape and calculators including brand names such as Sharpie, Five-Star and Bic. A selection of pencils, multi-colored notebooks, index cards, erasers and more are offered at great prices by Rite Aid’s private brand, Home. With new designs on notebooks and fashion forward backpacks, students are sure to return to school in style. Shoppers will also find lunchboxes, sandwich and snack containers on the shelves in licensed favorites such as Finding Dory, Spiderman and Frozen.

Electronics

New this year, make sure students stay up to date with the latest technology, such as with an 8.95-inch Windows tablet. Quality and affordable Craig products are also available including a 19-inch TV and 27-inch speaker tower. For printing needs, Rite Aid carries a Canon printer, copy paper and ink cartridges by HP, Epson and Canon. For students on the go or away at school, Rite Aid carries a large assortment of cell phone accessories including wall and car chargers and colorful standard and wireless earbuds.

Dormitory Essentials

Whether a freshman or a senior returning for the final year, Rite Aid carries the essentials needed to get college students situated for a fresh start with products such as sheet sets, hangers, lamps, laundry baskets and an assortment of new storage crates and trunks available in a variety of colors. Also available, appliances for college living including iron, coffee maker and toaster.

Gift Cards

With over 200 gift cards to choose from, send students on their way with iTunes, Starbucks, Subway or Best Buy gift cards. Hardworking students deserve a reward, treat them with a gift card to their favorite restaurant such as Applebee’s, Chipotle or Red Robin followed by a trip to the movies with an AMC, Fandango or Regal Cinema gift card. Or let them decide what they need with a Rite Aid, Vanilla Visa or American Express Card gift card.

Be sure to check the Rite Aid circular each week as select back-to-school products give shoppers the opportunity to earn Plenti points through Rite Aid’s new wellness+ with Plenti program. New and existing wellness+ members can now sign up for wellness+ with Plenti at any Rite Aid store nationwide or online at www.riteaid.com/plenti. Once enrolled, members of wellness+ with Plenti will earn Plenti points on featured items they buy. These points can be used for at least two years for savings at Rite Aid and certain Plenti partners including Exxon, Macy's and Mobil.

Rite Aid Corporation (NYSE: RAD) is one of the nation's leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2016 annual revenues of $30.7 billion. Information about Rite Aid, including corporate background and press releases, is available through the company's website at www.riteaid.com.


© Business Wire 2016
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Financials ($)
Sales 2017 32 966 M
EBIT 2017 709 M
Net income 2017 151 M
Debt 2017 6 717 M
Yield 2017 -
P/E ratio 2017 43,24
P/E ratio 2018 27,96
EV / Sales 2017 0,43x
EV / Sales 2018 0,40x
Capitalization 7 311 M
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Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 8,86 $
Spread / Average Target 27%
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Managers
NameTitle
John T. Standley Chairman & Chief Executive Officer
Kenneth A. Martindale President & Chief Operating Officer
Darren W. Karst SEVP, Chief Financial & Administrative Officer
Steve Rempel Chief Information Officer & Senior Vice President
Joseph B. Anderson Independent Director
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