Rite Aid Corporation (RAD) Q4 2023 Earnings Call Transcript

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Q4: 2023-04-20 Earnings Summary

EPS of -$1.24 misses by $0.47
 | Revenue of $6.09B (0.45% Y/Y) beats by $392.55M

Rite Aid Corporation (RAD) Q4 2023 Earnings Conference Call April 20, 2023 8:30 AM ET

Company Participants

Byron Purcell - Vice President, Investor Relations and Treasurer
Elizabeth "Busy" Burr - Interim Chief Executive Officer
Matt Schroeder - Executive Vice President and Chief Financial Officer
Chris DuPaul - Chief Operating Officer of Elixir

Conference Call Participants

Elizabeth Anderson - Evercore ISI
Lisa Gill - J.P. Morgan
George Hill - Deutsche Bank
William Reuter - Bank of America
Karru Martinson - Jefferies
Carla Casella - J.P. Morgan

Operator

Good morning. My name is Rob, and I will be your conference operator today. At this time, I'd like to welcome everyone to the Rite Aid Corporation Fourth Quarter Fiscal Year 2023 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

Byron Purcell, Vice President, Investor Relations and Treasurer, you may begin your conference.

Byron Purcell

Thank you, Rob, and good morning, everyone. We welcome you to our fiscal 2023 fourth quarter earnings call.

Elizabeth "Busy" Burr, Interim Chief Executive Officer; and Matt Schroeder, Executive Vice President and Chief Financial Officer, will begin the call with prepared remarks. Chris DuPaul, Chief Operating Officer of Elixir, will also join the call during the question-and-answer session.

As we mentioned in our release, we're providing slides related to the materials we'll be discussing today. These slides are provided on our website, investors.riteaid.com. While management will not be speaking directly to these slides, these slides are meant to facilitate your review of the company's financial 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

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