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Fred's Inc (FRED.O)

FRED.O on Nasdaq

18.07USD
27 Feb 2017
Change (% chg)

$0.36 (+2.03%)
Prev Close
$17.71
Open
$17.79
Day's High
$18.50
Day's Low
$17.76
Volume
672,215
Avg. Vol
1,324,433
52-wk High
$21.77
52-wk Low
$7.89

FRED.O

Chart for FRED.O

About

Fred's, Inc. (Fred's) is engaged in the sale of general merchandise through its retail discount stores and full service pharmacies. The Company sells general merchandise to its over 20 franchisees. The Company has approximately 660 retail stores, over 370 pharmacies, and approximately three specialty pharmacy facilities located... (more)

Overall

Beta: 1.70
Market Cap(Mil.): $664.95
Shares Outstanding(Mil.): 37.42
Dividend: 0.06
Yield (%): 1.35

Financials

  FRED.O Industry Sector
P/E (TTM): -- 25.30 25.49
EPS (TTM): -1.30 -- --
ROI: -10.58 12.90 8.76
ROE: -12.53 16.96 12.33

BRIEF-Adage capital partners reports 5.56 pct passive stake in Fred's Inc

* Adage Capital Partners L.P. reports 5.56 percent passive stake in Fred's Inc as on February 21, 2017 Source text:(http://bit.ly/2lSOCcj) Further company coverage:

Feb 24 2017

BRIEF-Fred's Pharmacy declares quarterly dividend of $0.06/shr

* Fred's Pharmacy declares quarterly cash dividend of $0.06 per share Source text for Eikon: Further company coverage:

Feb 16 2017

BRIEF-Fred's Pharmacy announces senior management appointments

* Fred's-Names Gregory Froton Senior VP, merchandising, general merchandise; names Kimberley Felice-Dooley as Senior VP, merchandising - consumables Source text for Eikon: Further company coverage:

Feb 13 2017

BRIEF-Fred's units entered into third amendment to credit agreement, dated as of April 19, 2015 - SEC Filing

* Fred's Inc- On Jan 27, co, units entered into third amendment to credit agreement, dated as of April 19, 2015 - SEC Filing

Feb 02 2017

BRIEF-Fred's Pharmacy comments on extension to merger agreement

* Fred's Inc - Fred's Pharmacy affirms that asset purchase agreement it entered into on December 19, 2016 with Walgreens and Rite Aid remains in effect

Jan 30 2017

BRIEF-Fred's inc - on jan 18, co entered into an amended and restated commitment letter, which replaced and superseded abl commitment letter - sec filing

* Fred's Inc - on Jan 18, co entered into an amended and restated commitment letter, which replaced and superseded ABL commitment letter - sec filing

Jan 24 2017

Fred's adopts poison pill after Alden Global announces stake

Discount store operator Fred's Inc adopted a poison pill, less than a week after hedge fund Alden Global Capital LLC reported a 24.8 percent stake in the company.

Dec 27 2016

Alden Global discloses stake in Fred's, says to discuss Rite Aid deal

Alden Global Capital reported on Thursday a stake of 24.8 percent in Fred's Inc , and said it would engage in discussions with the discount store operator over its $950 million acquisition of 865 stores from Rite Aid Corp .

Dec 22 2016

Rite Aid to sell 865 stores to Fred's

Rite Aid Corp said it would sell 865 stores to Fred's Inc for $950 million to satisfy antitrust concerns over its proposed takeover by Walgreens Boots Alliance Inc.

Dec 20 2016

BRIEF-Fred's October same store sales fell 3.4 pct

* Significant reductions in snap payments and warmer-than-expected weather during month contributed to october's sales decline

Nov 03 2016

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