RITE AID

NEW YORK — Wall Street on Wednesday celebrated the "fiscal cliff" compromise as stocks across the board were trading up by some 200 basis points. As of noon, the Dow was up 1.7% and Nasdaq 2.3%. 

CAMP HILL, Pa. — Rite Aid announced a special series of 50th Anniversary customer appreciation savings as the culmination of RA50, its 50th anniversary celebration, which began last September. By participating in the sales events running through early March, customers can receive up to $100 in additional +UP Rewards on top of the savings they already earn through their wellness+ membership.

Rite Aid last week posted a third quarter profit of $61.9 million, marking the first time Rite Aid has been back in the quarterly black since June 2007. The quarterly report beat analyst expectations as the generic wave and retention of Express Scripts customers helped drive better-than-expected adjusted EBIDTA.

CAMP HILL, Pa. — Rite Aid's fundamentals are improving, and Wall Street has taken notice. 

Rite Aid stock was up slightly by three cents late Thursday afternoon from its previous close of $1.41 per share. But shares were trading at $1.02 per share on Dec. 19, the day before Rite Aid announced third quarter results. 

CAMP HILL, Pa. — Rite Aid is looking to help Americans with their New Year’s resolutions to improve their health by offering customers free extra support, including Better You informational guides in all 4,600 stores, exclusive online health resources and expert advice from Rite Aid pharmacists. Rite Aid's wellness stores will also be offering free health screenings and informational sessions the week of Jan. 13.

CAMP HILL, Pa. — The Rite Aid Foundation has announced that it is making a donation of food items valued at $15,000 to the 1199SEIU Child Care Corp.

Items including pasta, soup, sauces, instant coffee, tea and other non-perishable food items will be delivered to the union’s warehouse in North Bergen, N.J., where they will then be distributed to member families affected by Hurricane Sandy. Rite Aid and 1199SEIU officials will receive the delivery at the warehouse on Dec. 28. 
 


CAMP HILL, Pa. — Rite Aid is donating 80,000 toys to a charity for children affected by poverty and tragedy, emphasizing those affected by Hurricane Sandy, the retailer said Friday.

Rite Aid announced the donation of coloring books, stuffed animals and activity workbooks to Kids In Distressed Situations.

CAMP HILL, Pa. — Rite Aid beat analyst expectations in third quarter 2013 as the generic wave and retention of Express Scripts customers helped drive better-than-expected adjusted EBITDA and produced the company's first profitable quarter in five years.

"I am proud that we have achieved this significant milestone by putting our customers first and challenging ourselves to better serve them," Rite Aid president, chairman and CEO John Standley said in a conference call with Wall Street analysts Thursday morning.