Insight ReportRite Aid (RAD) 4Q15 Results: Double-Digit Revenue Increase Driven by Envision Acquisition Coresight Research April 7, 2016 Executive Summary Rite Aid reported 4Q15 revenues of $8.3 billion, up 20.8% year over year but slightly below the consensus estimate of $8.4 billion. Growth was driven by the acquisition of a pharmacy-benefit manager. Adjusted EPS was $0.07, above the consensus estimate of $0.06 and up 16.6% year over year. However, the company reported its first decline in retail and pharmacy same-store sales in years. Same-store sales were down 0.6% year over year, driven by a 0.8% drop in pharmacy sales and a 0.4% drop in retail sales. Last October, Rite Aid agreed to be acquired by Walgreens Boots Alliance (WBA) in a transaction valued at $17.2 billion. The deal is pending regulatory approval, and the companies expect the transaction to close in the second half of 2016. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Retail Crime and Shrink: More Shoppers Say No to Locked-Up Merchandise; Self-Checkout Gets a MakeoverAnalyst Corner: Five Key Insights from US Black Friday 2025 and What They Mean for the Rest of Holiday 2025, with Anand KumarConsumer Sentiment Peaks Ahead of Singles’ Day—Then Stabilizes: China Consumer Survey InsightsNew Tariffs, New Challenges: How US Trade Policies Could Impact Prices and Profits
