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  • RITE AID CORP Profile

    Rite Aid may have found the right aid for its ills: growth. The nation's #3 drugstore chain (behind #1 Walgreen and #2 CVS), the company runs more than 5,050 drugstores in 30-plus states and the District of Columbia. Rite Aid stores fill prescriptions (two-thirds of sales) and sell health and beauty aids, convenience foods, greeting cards, and other items, including some 3,000 private-label products. More than half of all Rite Aid stores are freestanding. No longer a distant third behind Walgreen and CVS, Rite Aid acquired more than 1,850 Brooks and Eckerd drugstores from Canada's Jean Coutu Group in a deal valued at about $4 billion in mid-2007.
    Mary F. Sammons
    CEO
    30 Hunter Ln.

    Camp Hill, PA 17011

    http://www.riteaid.com

    Phone: 717-761-2633

    Fax: 717-975-5871
    Sector: Services Industry: Retail
  • 2008 Sales 2008 Sales Growth 2008 Net Income 2008 Employees
    $24,326,800,000 38.9% $-1,079,000,000 112,800
  • Key Executives: RAD

    Name Title Officer Since
    Mary F. Sammons CEO 12/5/99
    Robert J. Easley COO -
    Kevin Twomey CFO -
    Pierre Legault Chief Administrative Officer -
    Douglas E. Donley Chief Accounting Officer -
    Robert B. Sari General Counsel -
    Jerry Mark deBruin Divisional Executive VP -
    Andre Belzile Director 1/1/07
  • Top Competitors: RAD

  • Insider Trends: RAD

    Sentiment for RAD is POSITIVE

    • 0M
    • 2M
    • 4M
    • 6M
    • Market Value of Insider Sales
    • Market Value of Insider Purchases
    Total dollar value of all insider purchases and sales over 12 months
  • Insider Transactions: RAD

    Date Name Shares Transaction Type Market Value
    06/24/08 LEGAULT PIERRE 100,000 Award of Stock Options $0.00
    01/08/08 SATRE PHILIP G 96,000 Award of Stock Options $201,600.00
    10/19/07 SAMMONS MARY F 200,000 Exercise of Stock Options $550,000.00
  • Ownership Breakdown : RAD

    Large Block Holder Type Number  
    Institutions 220.00
     
    Mutual Fund 215.00
    Other Major 17.00
  • Short Interest Volume: RAD

    Data as of 6/10/08
    Current Short Interest Shares 1.10 B
    Current Short Interest Ratio 8.10
    Float 827.11 M
    Short Interest as % of Float 4.80
    Average Daily Volume 8.98 M
    Outstanding Shares 844.90 M