Rite Aid Corporation (NYSE:RAD) today released information on an updated proposal transaction with Walgreens Boots Alliance and its financial results for its Fiscal 2018 First Quarter, which ended June 3, 2017. The company will hold an analyst call at 10:30 a.m. Eastern Time with remarks by Rite Aid's management team.

A playback of the call will also be available by telephone beginning at 1:30 p.m. Eastern Time on June 29, 2017 and ending at 11:59 p.m. Eastern Time on July 1, 2017. The playback number is (855) 859-2056 from within the U.S. and Canada or (404) 537-3406 from outside the U.S. and Canada with the eight-digit reservation number 47541423.

Rite Aid Corporation is one of the nation's leading drugstore chains with more than 4,500 stores in 31 states and the District of Columbia and fiscal 2017 annual revenues of $32.8 billion. Information about Rite Aid, including corporate background and press releases, is available through the company's website at www.riteaid.com.

Rite Aid CorporationINVESTORS:Matt Schroeder, 717-214-8867investor@riteaid.comorMEDIA:Susan Henderson, 717-730-7766

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