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Why are Walgreen and Rite Aid’s Revenues Dropping?

January 16, 2017January 23, 2017 daniel Amazon (NASDAQ: AMZN), Are Price Controls Hurting Walgreens?, Can Anybody Make Money in Drugstores?, CVS Health (NYSE: CVS), high operating costs, How can Walgreens Increase Revenues, Is the Amazon Effect hitting Walgreens?, Kroger (NYSE: KR), Rite Aid (NYSE: RAD), Rite Aid has No Float, Rite Aid’s Revenues Dropping, Walgreen and Rite Aid, Walgreens Boots Alliance (NASDAQ: WBA), Walmart (NYSE: WMT), Will High Operating Costs Doom Walgreens?, Will Robots Save Walgreens?

Rite Aid reported revenues of $32.64 billion in August 2016 that fell slightly to $32.57 billion in November 2016, Ycharts data indicated. During the same period in 2015, Rite Aid’s revenues grew by $1.46 billion; rising from $27.85 billion in August 2015 to $29.31 billion in November 2015.