Key Developments: Fred's Inc (FRED.O)

FRED.O on Nasdaq

16.77USD
19 Dec 2014
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Latest Key Developments (Source: Significant Developments)

Fred's Inc gives Q4 2014 EBITDA outlook below analysts' estimates - Conference Call
Tuesday, 25 Nov 2014 10:00am EST 

Fred's Inc:Expects Q4 2014 EBITDA to be in the range of $3.5 to $6 mln.Excluding the costs associated with store closures and the clearing of low productive inventory, expects Q4 2014 EBITDA to be $10.5 to $13 mln.Q4 2014 EBITDA of $13.4 mln - Thomson Reuters I/B/E/S.  Full Article

Fred's Inc gives Q4 2014 revenue outlook; EPS outlook below analysts' estimates
Tuesday, 25 Nov 2014 07:50am EST 

Fred's Inc:Expects Q4 2014 total sales to increase in the range of 4 to 6 pct.Expects Q4 2014 comparable store sales to increase from flat to up 2.0 pct.Expects Q4 2014 net loss per diluted share to be in the range of $0.08 to $0.12.Q4 2014 revenue of $497 mln and EPS of $0.20 - Thomson Reuters I/B/E/S.  Full Article

Fred's Inc declares quarterly cash dividend of $0.06 per share
Monday, 24 Nov 2014 11:02am EST 

Fred's Inc:Declares quarterly cash dividend of $0.06 per share.Payable on Dec.15.To shareholders of record as of Dec. 4.  Full Article

Fred's Inc lowers Q3 2014 EPS guidance
Thursday, 6 Nov 2014 07:45am EST 

Fred's Inc:Expects net loss for Q3 2014 of $0.12 to $0.16, excluding any special charges related to store closings.Q3 2014 EPS of $(0.07) - Thomson Reuters I/B/E/S.  Full Article

Fred's Inc names Jerry A. Shore Chief Executive Officer
Thursday, 30 Oct 2014 05:45pm EDT 

Fred's Inc:Names Jerry A. Shore Chief Executive Officer.Shore's promotion follows the Board's receipt and acceptance of notification by Bruce A. Efird of his intention to leave the company upon the expiration of his employment contract.  Full Article

Fred's Inc gives Q3 2014 outlook; earnings outlook below estimates; lowers FY 2014 EPS outlook; gives FY 2014 EBITDA outlook below estimates; gives FY 2015 earnings outlook above estimates
Thursday, 28 Aug 2014 04:00pm EDT 

Fred's Inc:Expects Q3 2014 total sales to increase in the range of 3pct to 5pct.Expects Q3 2014 comparable store sales to increase in the range of 1pct to 3pct.Expects Q3 2014 earnings per share on an operating basis, excluding special charges, to be a loss in the range of $(0.05) to $(0.11).Expects Q3 2014 EBITDA, excluding special charges, to be $6 to $9 million.Expects FY 2014 earnings per diluted share on an operating basis, excluding special charges, to be about zero.Expects FY 2014 EBITDA, excluding special charges, of $40 million to $46 million.Expects FY 2015 earnings per diluted share in the range of $0.72 to $0.82.Expects FY 2015 EBITDA in the range of $86 to $96 million.Q3 2014 revenue of $471 million, EBITDA of $20 million and EPS of $0.15 - Thomson Reuters I/B/E/S.FY 2014 EPS of $0.25 and EBITDA of $66 million - Thomson Reuters I/B/E/S.FY 2015 EPS of $0.67 and EBITDA of $84 million - Thomson Reuters I/B/E/S.  Full Article

Fred's Inc declares quarterly cash dividend of $0.06 per share
Monday, 25 Aug 2014 07:45am EDT 

Fred's Inc:Declares a quarterly cash dividend of $0.06 per share.Payable on Sept. 15 to shareholders of record as of Sept. 5.  Full Article

Fred's and Cardinal Health announce primary supply agreement
Monday, 11 Aug 2014 04:05pm EDT 

Fred's Inc:Says that the company and Cardinal Health, Inc announced a multi-year agreement for Cardinal Health to be the new primary supplier of branded and generic pharmaceutical products to all of Fred's more than 360 in-store pharmacies and EIRIS Health Services in the United States.Under the agreement, Fred's and Cardinal Health will establish a mutually beneficial strategic alliance designed to support Fred's key initiative of pharmacy growth, and build on a foundation of supply chain and asset management tools.  Full Article

Fred's Inc lowers Q2 2014 EPS guidance
Thursday, 7 Aug 2014 06:30am EDT 

Fred's Inc:Expect to report loss for Q2 2014 in range of $0.15 to $0.20 per share (EPS), exclusive of reserves for disposition of inventory and stores that do not fit the company's convenience model.Q2 2014 EPS of $0.06 - Thomson Reuters I/B/E/S.  Full Article

Fred's gives Q2 2014 guidance; gives Q2 2014 comparable store sales guidance; Lowers FY 2014 EPS guidance
Thursday, 29 May 2014 07:45am EDT 

Fred's Inc:Expects Q2 2014 sales to increase in the range of 1 to 3 pct.Expects Q2 2014 Comparable store sales to be in the range of flat to up 2 pct.Expects Q2 2014 earnings per share will be in the range of $0.04 to $0.09 on an operating basis.Expects FY 2014 operating earnings per diluted share to be in the range of $0.60 to $0.68.Q2 2014 revenue of $487.51 mln and EPS of $0.08 - Thomson Reuters I/B/E/S.FY 2014 and EPS of $0.70 - Thomson Reuters I/B/E/S.  Full Article

UPDATE 1-Market Chatter-Corporate finance press digest

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