Rite Aid Corporation (RAD) CEO Heyward Donigan on Q4 2021 Results - Earnings Call Transcript

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Q4: 2021-04-15 Earnings Summary

EPS of -$0.78 beats by $0.24
 | Revenue of $5.92B (3.31% Y/Y) beats by $66.02M

Rite Aid Corporation (RAD) Q4 2021 Earnings Conference Call April 15, 2021 8:30 AM ET

Company Participants

Trent Kruse - VP of IR and Treasury
Heyward Donigan - CEO
Jim Peters - COO
Matt Schroeder - CFO

Conference Call Participants

George Hill - Deutsche Bank
Glen Santangelo - Guggenheim
Kevin Hartman - Goldman Sachs
Michael Minchak - from JPMorgan
Elizabeth Anderson - Evercore
Jane Elliott - Goldman Sachs
William Reuter - Bank of America
Karru Martinson – Jefferies

Operator

Hello and thank you for standing by and welcome to Rite Aid Corporation Full-Year 2021 Q4 Earnings Conference Call. At this time, participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today’s conference is being recorded.

I would now like to turn the call over to your speaker today, Trent Kruse, Senior Vice President of Investor Relations and Treasury. Please go ahead.

Trent Kruse

All right. Thank you, Michelle, and good morning, everyone. Welcome you to our fiscal 2021 fourth quarter and full year earnings conference call. On the call with me this morning are Heyward Donigan; Jim Peters; and Matt Schroeder.

As we mentioned in our release, we are providing slides related to the material, we will be discussing today. These slides are provided on our website www.riteaid.com under the Investor Relations information tab. While management will not be speaking directly to the slides. These slides are meant to facilitate the review of the Company's results and to be used as a reference document following the call.

Before we start, I'd like to remind you that today's conference call includes certain forward-looking statements. These forward-looking statements are presented in the context of certain risks and uncertainties that can cause actual results to differ. These risks and uncertainties are described in

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