Fred's News

Latest Fred's News

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Fred’s same store sales fall in April
3 May 17:21 GMT

COURTESY FRED'S INC. Fredâ€™s Inc. increased its total sales in April but experienced disappointing comparable store performance for the month. Fredâ€™s Inc. Fred's Inc. Latest from The Business Journals Restored clock returns to spot downtown …
Fred's April Total Sales Rise; Comparable Store Sales Slip - Quick Facts
3 May 16:27 GMT

5/3/2012 9:58 AM ET (RTTNews) - Fred's Inc.'s (FRED: News ) Thursday revealed that comparable-store sales for the month of April 2012 declined 0.3 percent in comparison with a 1.8 percent increase in the corresponding month last year. Total sales …
Fred's April key revenue metric dips 0.3 percent
3 May 13:54 GMT

MEMPHIS, Tenn. (AP) — Discount store operator Fred's Inc. said Thursday that its April revenue at stores open at least a year edged down 0.3 percent, missing Wall Street's forecast. Analysts surveyed by Thomson Reuters expected an increase of 0.6 …
Memphis-based Fred's Inc. raises its dividend, increases share repurchase program
16 Feb 17:23 GMT

Search our databases Fred’s Inc. today said it is expanding its share buyback program and raising the company’s quarterly dividend by 20 percent to 6 cents per share. The next dividend is payable March 15 to shareholders of record on March 1. The board of …
Designs Direct Recalls Rooster-Themed Lamps Sold Exclusively at Fred's Inc. Due to Risks of Shock and Fire
7 Feb 16:18 GMT

Published: February 07, 2012 WASHINGTON, Feb. 7, 2012 /PRNewswire-USNewswire/ -- The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should …
Designs Direct Recalls Rooster-Themed Lamps Sold Exclusively at Fred's Inc. Due to Risks of Shock an
7 Feb 15:34 GMT

WASHINGTON, Feb. 7, 2012 /PRNewswire-USNewswire/ -- The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products …
Fred's Inc. Earnings Preview
18 Nov 04:49 GMT

By Motley Fool Staff | More Articles November 17, 2011 | Comments (1) Fred's (Nasdaq: FRED ) came in under analysts' estimates last quarter, but now has a chance to fix things this quarter. The company will unveil its latest earnings on Tuesday, …
Memphis-based Fred's Inc. reports 2 growth in same-store sales in October
3 Nov 17:48 GMT

Search our databases Discount chain Fred’s Inc. said today that revenue at stores open at least a year rose 2 percent in October, roughly in line with analysts’ expectations of 2.2 percent growth. The October gain was higher than the 1.2 percent increase …
Coffee Break: Fred's Inc. profits up 2.6 percent
26 Aug 06:46 GMT

Fred's Inc. saw second-quarter profits rise about 2.6 percent on sales that were nearly unchanged from last year. The Memphis-based discount retailer said Thursday its net income for the three months ended July 30 rose to $5.086 million, or 13 cents …
Memphis-based Fred's Inc. reports 2.6 percent growth in 2Q profits
25 Aug 14:43 GMT

Search our databases Fred’s Inc. reported a 2.6 percent increase in second-quarter profits on sales that were nearly unchanged from last year. The Memphis-based discount retailer said net income for the three months ended July 30 rose to $5.086 million, …
Memphis-based Fred's Inc. says sales continue to be hurt by the weak economy
4 Aug 17:30 GMT

Search employment trends Search our databases Discount retailer Fred’s Inc. said today that its July revenue at stores open at least a year slipped 0.5 percent, falling short of expectations. The Memphis-based company also lowered its second-quarter …
Memphis-based Fred's Inc. reports lower June sales as other retailers report growth
7 Jul 18:04 GMT

Search our databases Colossal sales enticed consumers to shop like it was 1999 last month. But higher prices ahead could cause the party to end. Warm weather and discounts of up to 80 percent on summer merchandise helped retailers deliver the best revenue …
Memphis-based Fred's Inc. reports a 16 percent rise in 1Q profits
26 May 20:16 GMT

Search our databases Fred’s Inc. saw profits climb 16 percent in the first quarter on increased sales, the Memphis-based retailer reported this morning. Net income for the period ended April 30 was $9.5 million, or 24 cents per diluted share. That was up …
Memphis-based Fred's Inc. sees nearly 50 percent jump in 4Q profits
24 Mar 20:07 GMT

Search our databases Profits for Fred's Inc. rose nearly 50 percent in the fourth quarter despite modest growth in sales, the Memphis-based discount retailer said today. Net income was $8.6 million, or 22 cents per diluted share, in the three months …
Memphis-based Fred's Inc. hikes its cash dividend by 25 percent
2 Mar 18:18 GMT

Memphis-based Fred’s Inc. announced a cash dividend of 5 cents per share payable March 15 to shareholders of record on March 10. The amount represents a 25 percent increase from the previous dividend amount of 4 cents per share. “This dividend increase, …
Discount retailer Fred's Inc. boosts quarterly dividend to 5 cents from 4
2 Mar 17:39 GMT

MEMPHIS, Tenn. (AP) - Discount retailer Fred's Inc. said Wednesday that it will increase its quarterly dividend to 5 cents per share from 4 cents. The new dividend is payable on March 15 to shareholders of record as of March 10. Memphis, Tenn.-based …
Fred's Inc. Chooses KSS Retail for Price Modeling and Optimization
5 Jan 14:03 GMT

Published: January 05, 2011 CINCINNATI - (BUSINESS WIRE) - Discount retailer Fred's Inc. of Memphis, Tenn. (NASDAQ: FRED) has selected KSS Retail as its provider of price modeling, forecasting and price optimization. Fred's, with more than 670 …
Zacks.com featured expert Kevin Matras highlights: Cathay General Bancorp, Carbo Ceramics, Fred's, Inc., Spartan Stores
15 Dec 15:25 GMT

Published: December 15, 2010 CHICAGO - (BUSINESS WIRE) - Stocks in this week's article include: Cathay General Bancorp (NASDAQ: CATY), Carbo Ceramics Inc. (NYSE: CRR), Fred's, Inc. (NASDAQ: FRED), Spartan Stores, Inc. (NASDAQ: SPTN) and Texas …
Zacks.com featured expert Kevin Matras highlights: Cathay General Bancorp, Carbo Ceramics, Fred's, Inc., Spartan Stores ...
15 Dec 15:17 GMT

CHICAGO--(BUSINESS WIRE)--Stocks in this week’s article include: Cathay General Bancorp (NASDAQ: CATY), Carbo Ceramics Inc. (NYSE: CRR), Fred's, Inc. (NASDAQ: FRED), Spartan Stores, Inc. (NASDAQ: SPTN) and Texas Industries, Inc. (NYSE: TXI). Kevin …
Zacks.com featured expert Kevin Matras highlights: Cathay General Bancorp, Carbo Ceramics, Fred's, Inc., Spartan Stores ...
15 Dec 15:05 GMT

Zacks.com featured expert Kevin Matras highlights: Cathay General Bancorp, Carbo Ceramics, Fred's, Inc., Spartan Stores and Texas Industries CHICAGO--(BUSINESS WIRE)-- Stocks in this weekâ€™s article include: Cathay General Bancorp(NASDAQ: CATY), …
Zacks Analyst Blog Highlights: Kraft Foods, Starbucks, Jakks Pacific, Microsoft Corp and Fred's Inc.
1 Dec 15:18 GMT

Published: December 01, 2010 CHICAGO - (BUSINESS WIRE) - Zacks.com Analyst Blog features: Kraft Foods Inc. (NYSE: KFT), Starbucks Corporation (Nasdaq: SBUX), Jakks Pacific Inc. (Nasdaq: JAKK), Microsoft Corp. (Nasdaq: MSFT) and Fred's Inc. (Nasdaq: …

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