Press Releases

Press Releases
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2016 (2)

2015 (32)

2014 (27)

2013 (24)

2012 (24)

2011 (21)

fred’s JANUARY TOTAL SALES INCREASE 12%

MEMPHIS, Tenn. (February 4, 2016) – Fred’s Inc. (NASDAQ: FRED) today reported sales for the four week fiscal month of January, fourth quarter and year ended January 30, 2016.

Fred’s total sales for the month increased 12% to $155.7 million from $139.6 million in January 2015. Comparable store sales for the month rose 0.7% on top of an increase of 4.3% in the year-earlier period. read more

fred’s DECEMBER TOTAL SALES INCREASE 10% WHILE COMPARABLE STORE SALES INCREASE 2.4%

MEMPHIS, Tenn. (January 7, 2016) – Fred’s Inc. (NASDAQ: FRED) today reported sales for the five-week fiscal month of December and the 11-month year-to-date period ended January 2, 2016. Fred’s total sales for the month increased 10% to $231.9 million from $210.7 million in December 2014. Excluding $8.0 million from last year’s December sales related to 47 subsequently closed locations, total sales increased 14% for the month. read more

fred’s NOVEMBER TOTAL SALES INCREASE 8% WHILE COMPARABLE STORE SALES INCREASE 1.7%

MEMPHIS, Tenn. (December 3, 2015) – Fred’s Inc. (NASDAQ: FRED) today reported sales for the four-week fiscal month of November and the 10-month year-to-date period ended November 28, 2015. read more

fred’s Pharmacy Offers Shoppers Convenience and Amazing Deals During the Holiday Season

MEMPHIS, Tennessee, November 24, 2015 – The holiday season is here, and Fred’s Pharmacy will offer great convenience and a wide variety of amazing deals for holiday shoppers. In addition to three fantastic days of savings, beginning on Thanksgiving Day and continuing through Black Friday and Saturday, Fred’s will continue to help customers save time and money… read more

fred’s REPORTS THIRD QUARTER 2015 EARNINGS

Fred’s net income for the third quarter of 2015 totaled $1.4 million or $0.04 per share compared with a net loss of $10.4 million or ($0.28) per share for the third quarter of last year. Fred’s adjusted income for the third quarter of 2015, a non-GAAP financial measure (see reconciliation below), was $3.8 million or $0.10 per share versus an adjusted net loss of $6.2 million or ($0.16) per share for the third quarter of 2014. read more

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

MEMPHIS, Tenn. (November 23, 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 December 15, 2015, to shareholders of record as of December 3, 2015. read more

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