Earnings Summary

Rite Aid Corp.’s revenue fell -6.01% since last year same period to $5653.16Mn in the Q2 2023. On a quarterly growth basis, Rite Aid Corp. has generated -7.22% fall in its revenue since last 3-months.

Rite Aid Corp.’s net profit fell -178.35% since last year same period to $-306.72Mn in the Q2 2023. On a quarterly growth basis, Rite Aid Corp. has generated -27.1% fall in its net profits since last 3-months.

Rite Aid Corp.’s net profit margin fell -196.15% since last year same period to -5.43% in the Q2 2023. On a quarterly growth basis, Rite Aid Corp. has generated -36.99% fall in its net profit margins since last 3-months.

Rite Aid Corp.’s earning per share (EPS) estimates for the current quarter stand at -0.18 - a 40.94% jump from last quarter’s estimates.

Rite Aid Corp.’s earning per share (EPS) estimates for the current year stand at -0.18.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Rite Aid Corp.’s return on assets (ROA) stands at 0.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Rite Aid Corp.’s return on equity (ROE) stands at -26.29.