RAD Rite Aid Corporation

Rite Aid Investor Call Information

Rite Aid Corporation (NYSE:RAD) today released information on an updated proposal transaction with Walgreens Boots Alliance and its financial results for its Fiscal 2018 First Quarter, which ended June 3, 2017. The company will hold an analyst call at 10:30 a.m. Eastern Time with remarks by Rite Aid's management team.

A playback of the call will also be available by telephone beginning at 1:30 p.m. Eastern Time on June 29, 2017 and ending at 11:59 p.m. Eastern Time on July 1, 2017. The playback number is (855) 859-2056 from within the U.S. and Canada or (404) 537-3406 from outside the U.S. and Canada with the eight-digit reservation number 47541423.

Rite Aid Corporation is one of the nation's leading drugstore chains with more than 4,500 stores in 31 states and the District of Columbia and fiscal 2017 annual revenues of $32.8 billion. Information about Rite Aid, including corporate background and press releases, is available through the company's website at www.riteaid.com.

EN
29/06/2017

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Reports on Rite Aid Corporation

Rite Aid Corporation: Rite Aid's bankruptcy accentuates drugstores' ne...

Drugstore retailers face many challenges including the need for scale to cover high fixed costs, high reimbursement risk, a growing number of online pharmacies and macroeconomic uncertainty.

Moody's downgrades Rite Aid's PDR to D-PD following Chapter 11 filing

Moody's Investors Service (Moody's) downgraded Rite Aid Corporation's ("Rite Aid") probability of default rating ("PDR") to D-PD from Caa3-PD. Moody's also downgraded the company's corporate family rating ("CFR") to Caa3 from Caa2, its senior secured ABL revolving credit facility rating to Caa1 from...

Rite Aid Corporation: Update following downgrade to Caa2 CFR and Caa3-...

Our credit view of Rite Aid reflects its weak interest coverage and 2025 debt maturities as well as its adequate liquidity and positive longer term trends of the prescription drug industry.

Moody's downgrades Rite Aid's CFR to Caa2; PDR to Caa3-PD

Moody's Investors Service ("Moody's") today downgraded Rite Aid Corporation's ("Rite Aid") corporate family rating ("CFR") to Caa2 from B3 and its probability of default rating ("PDR") to Caa3-PD from B3-PD. Moody's also downgraded the rating of Rite Aid's senior secured asset based revolving credit...

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