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News Breaks
November 12, 2012
12:30 EDTRADRite Aid says Hurricane Sandy to have negative impact on November SSS
As of November 12, all stores impacted by Hurricane Sandy, with the exception of the Rite Aid store in Lavallette, N.J., have been reopened and are servicing customers. The Company’s store in Lavallette remains closed due to restricted access to the barrier island. Additionally, four stores—three in New York and one in New Jersey—have established temporary pharmacies to ensure patients have access to prescription and other medications while the front-end of the stores are being repaired, which is expected to be completed by next month. At the height of the storm, 790 Rite Aid stores were closed. The company has re-opened the affected stores as quickly as possible over the past two weeks. It is anticipated that Hurricane Sandy will have a negative impact on same store sales results for the month of November, but the company does not expect the storm to have a material impact on the company’s FY13 financial results.
News For RAD From The Last 14 Days
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July 2, 2015
11:47 EDTRADStocks with call strike movement; AAL RAD
American Airlines (AAL) January 44 call option implied volatility increased 2% to 38, Rite Aid (RAD) January 10 call option implied volatility increased 3% to 40 according to IVolatility.
08:32 EDTRADRite Aid reports June SSS up 2.4%
Rite Aid announced that for the four weeks ended June 27, same store sales increased 2.4% over the prior-year period. June front-end same store sales increased 0.3%. Pharmacy same store sales, which included an approximate 226 basis points negative impact from new generic introductions, increased 3.4%. Prescription count at comparable stores increased 0.2% over the prior-year period. Total drugstore sales for the four-week period increased 2.2% to $2.04B. Prescription sales accounted for 69.0% of drugstore sales, and third party prescription sales represented 97.8% of pharmacy sales.
June 26, 2015
06:53 EDTRADRite Aid shareholders vote to change CEO payment terms, Reuters says
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June 24, 2015
10:24 EDTRADRite Aid completes acquisition of EnvisionRx in deal valued at approx. $2B
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10:19 EDTRADOptions with decreasing implied volatility
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June 23, 2015
10:30 EDTRADOptions with decreasing implied volatility
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June 22, 2015
10:21 EDTRADOptions with decreasing implied volatility
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