In a very competitive market, Rite Aid (NYSE:RAD) struggles with cost Management, but holds a strong 3rd position from a store footprint standpoint. Lower gross margins and heavy debt interest payments plague Rite Aid’s operations. They struggle to execute their remodel / restructuring strategy against the two leaders CVS (NYSE:CVS) and Walgreens (NASDAQ:WBA).
Once the short-term traders grow weary of this play, what is the long-term value of the new Rite Aid? Review of their numbers tell us a different story. This corporation isn’t done and out yet.
