viewRite Aid

Rite Aid, Home Depot, Walmart and Domino's Pizza - PRE-MARKET

Proactive takes a look at the market ahead of the New York bell

What's moving the dial ahead of the bell in New York?

Markets re-open today after the public holiday and the futures point to a lower start following a mixed close on Friday.

Today promised to be a fairly busy day on the corporate front and moving the needle before the bell in New York are several stocks.

Notably, in focus is Rite Aid Corp (NYSE:RAD), whose shares added more than 2% after a report stated that Albertsons was going to buy the rest of the drugstore chain that's not already being sold to Walgreens Boots Alliance (NASDAQ:WBA).

Elsewhere Home Depot Inc (NYSE:HD) on Tuesday reported fourth-quarter earnings and sales that topped Wall Street's expectations, as more shoppers flocked to its stores and bought more.

Revenue came in at US$23.9bn for the three months, compared with the US$23.7bn expected.

Adjusted EPS (earnings per share) was US$1.69 compared to US$1.61 a share.

Home Depot shares added 0.92% to US$186.97 in pre-market deals.

Walmart Inc shares (NYSE:WMT) shares shed 4.09% to US$100.49 after its quarterly earnings fell short of analysts' expectations.

The company's gross margins reportedly took a hit during the three months due to promotional activity and its ongoing war with internet titan Amazon (NASDAQ:AMZN) to win a larger share of the grocery and apparel industries.


Domino's Pizza Inc (NYSE:DPZ) shares added 1.40% to US$220.74  after the largest pizza group in the world based on global retail sales, announced results, which showed strong growth in same store sales, global store counts and earnings per share (EPS).

Quick facts: Rite Aid

Price: 12.58 USD

Market: NYSE
Market Cap: $689.62 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...



Full interview: ADM Energy CEO to use strong local knowledge to land deals

ADM Energy (LON:ADME) CEO Osamede Okhomina grew up in the UK but knows Nigeria inside out. "It's about knowing how to deal with each tribal culture and getting the best from each negotiation.." says Cambridge-educated Okhomina. ADME is a natural resources investment company but Okhomina would...

6 hours, 2 minutes ago

2 min read