If this is the case the immediate Trailing twelve months of e.p.s. will be approximately $0.30. That means the t.t.m. P/E ratio will suddenly be about 12.5. If it goes up enough to meet it's present P/E ratio of 15.27 - then this stock will trend upwards of $4.58/share!!!!!
RAD has $5 B of long term debt, and additionally $1 B of "other liabilities - do not know exactly what it means.
But together is TWICE more than Rite Aid market value. They slowly decrease the debt - which is good; but very slow.
I am long RAD - but with that debt level I do not expect 10% jump. Modest increase or even a small step back is very possible; I did NOT buy shares these last days.