Rite Aid Profit Margin 2010-2022 | RAD

Current and historical gross margin, operating margin and net profit margin for Rite Aid (RAD) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Rite Aid net profit margin as of August 31, 2022 is -3.58%.
Rite Aid Annual Profit Margins
Rite Aid Quarterly Profit Margins
Sector Industry Market Cap Revenue
Retail/Wholesale Retail - Drug Stores $0.275B $24.568B
Rite Aid Corporation is on the front lines of delivering health care services and retail products to over one million Americans daily. It provides an array of whole being health products and services for the entire family through retail pharmacies across states. Through Elixir, pharmacy benefits manager, it provides pharmacy benefits and services nationwide. Its key accomplishments include: i) advancing pharmacy strategy, including rebranding retail stores and Elixir, ii) launching a new member portal at Elixir, iii) expanding business, iv) introducing three flagship remodels and v) expanding COVID-19 testing and vaccinations. The company initiates a strategic plan named RxEvolution, which includes significant rebranding, a merchandising overhaul, new marketing and integration and operational initiatives, in both Retail Pharmacy and Pharmacy Services segments.
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