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Fred's Inc. Issues Q1 2012 Guidance

Thursday, 24 May 2012 07:45am EDT 

Fred's Inc. announced that for the second quarter of 2012, it expects total sales to increase in the range of 4% to 6%, comparable store sales to be approximately flat versus a decrease of 0.4%. Second quarter 2012 earnings per diluted share are forecasted to increase between 15% and 30% to a range of $0.15 to $0.17. Based on first quarter actual results and this outlook, the Company now expects total earnings per diluted share for fiscal 2012 to be in the range of $0.98 to $1.04. 

Company Quote

0.1 +0.57%
17 Apr 2014