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2015 (19)

2014 (27)

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2011 (21)

fred’s REPORTS 12% HIGHER JUNE SALES

MEMPHIS, Tenn. (July 9, 2015) – Fred’s Inc. (NASDAQ: FRED) today reported sales for the five-week month of June, which ended July 4, 2015.

Fred’s total sales for the month increased 12% to $212.9 million from $190.8 million in June 2014. Excluding $7.4 million from last year’s June sales for 56 subsequently closed locations, total sales increased 16% for the month. Comparable store sales for the month increased 1.6% compared with a decrease of 0.6% in the same period last year. read more

fred’s REPORTS 10% HIGHER MAY SALES

MEMPHIS, Tenn. (June 4, 2015) – Fred’s Inc. (NASDAQ: FRED) today reported sales for the four-week month of May, which ended May 30, 2015.

Fred’s total sales for the month of May increased 10% to $166.9 million from $151.4 million in May 2014, reflecting the first full month sales contribution from the Company’s recent acquisition of the EntrustRx specialty pharmacy operations. Excluding $6.1 million from last year’s May sales for 56 closed locations, total sales increased 15% for the month. Comparable store sales for the month increased 0.3% compared with a 0.4% decrease in the same period last year. read more

fred’s ANNOUNCES NEW PRESENTATION TIME FOR STEPHENS SPRING INVESTMENT CONFERENCE OF 10:00 A.M. ET

MEMPHIS, Tenn. (May 29, 2015) – Fred’s, Inc. (NASDAQ: FRED) today announced that the time of its presentation in the Stephens Spring Investment Conference on Tuesday, June 2, 2015, will be 10:00 a.m. ET rather than the previously announced 11:00 a.m. ET. All other details remain the same, including the availability of a live broadcast of the conference presentation on the Company’s website, www.fredsinc.com, approximately 15 minutes prior to the event, and a replay of the event for a period of 90 days, using that same link. read more

fred’s REPORTS FIRST QUARTER 2015 RESULTS

MEMPHIS, Tenn. (May 28, 2015) – Fred’s, Inc. (NASDAQ: FRED) today reported financial results for the first quarter ended May 2, 2015.

For the first quarter ended May 2, 2015, Fred’s net income and earnings per diluted share were essentially flat. For the year-earlier quarter ended May 3, 2014, net income totaled $6.1 million or $0.17 per diluted share. read more

fred’s TO PRESENT AT THE STEPHENS SPRING INVESTMENT CONFERENCE

MEMPHIS, Tenn. (May 27, 2015) – Fred’s, Inc. (NASDAQ: FRED) today announced that the Company will participate in the Stephens Spring Investment Conference, which takes place in New York City on June 2-3, 2015. The investor presentation by Fred’s management is scheduled at 11:00 a.m. Eastern Time on Tuesday, June 2, and will be available to investors via a live webcast. A link to the webcast may be found at the investor section of the Company’s website, www.fredsinc.com, and the event will be available for replay for a period of 90 days, using that same link.  read more

fred’s DECLARES QUARTERLY CASH DIVIDEND OF $0.06 PER SHARE

MEMPHIS, Tenn. (May 22, 2015) – Fred’s, Inc. (NASDAQ: FRED) today announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per share. The dividend is payable on June 15, 2015, to shareholders of record as of June 2, 2015.

Fred’s, Inc. operates 665 discount general merchandise stores, including 19 franchised Fred’s stores and three specialty pharmacy locations, in the southeastern United States. For more information about the Company, visit Fred’s website at www.fredsinc.com. read more

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