Rite Aid: Fiscal Q4 Earnings Snapshot

April 14, 2022 GMT

CAMP HILL, Pa. (AP) _ Rite Aid Corp. (RAD) on Thursday reported a loss of $389.1 million in its fiscal fourth quarter.

On a per-share basis, the Camp Hill, Pennsylvania-based company said it had a loss of $7.18. Losses, adjusted for asset impairment costs and pretax expenses, came to $1.63 per share.

The drugstore chain posted revenue of $6.07 billion in the period.

For the year, the company reported a loss of $538.5 million, or $9.96 per share. Revenue was reported as $24.57 billion.

Rite Aid expects full-year results to range from a loss of $1.06 per share to a loss of 53 cents per share, with revenue in the range of $23.1 billion to $23.5 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RAD at https://www.zacks.com/ap/RAD