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Fred's Inc (FRED.OQ)

FRED.OQ on NASDAQ Stock Exchange Global Select Market

15.59USD
20 Jan 2017
Change (% chg)

$-0.56 (-3.47%)
Prev Close
$16.15
Open
$16.11
Day's High
$16.41
Day's Low
$14.14
Volume
1,410,235
Avg. Vol
259,526
52-wk High
$21.77
52-wk Low
$7.89

FRED.OQ

Chart for FRED.OQ

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: 1.57
Market Cap(Mil.): $604.33
Shares Outstanding(Mil.): 37.42
Dividend: 0.06
Yield (%): 1.49

Financials

  FRED.OQ Industry Sector
P/E (TTM): -- 27.06 26.70
EPS (TTM): -1.30 -- --
ROI: -10.58 12.95 9.03
ROE: -12.53 17.22 12.84

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

BRIEF-Fred's September same store sales fell 4.9 percent

* September same store sales view down 2.7 percent -- Thomson Reuters data Source text for Eikon: Further company coverage:

Oct 06 2016

BRIEF-Fred's Inc reports Q2 loss per share of $0.18

* Q2 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S

Aug 30 2016

BRIEF-Fred's Inc to appoint Michael Bloom as CEO

* Michael Bloom named CEO as Jerry Shore sets retirement date

Aug 29 2016

BRIEF-Fred's July same store sales fell 4.6 percent

Aug 4 Fred's Inc July Same Store Sales View 0.0 Pct

Aug 04 2016

Competitors

Earnings vs. Estimates