Fred's, Inc. (FRED) Tops Q1 EPS by 4c; Issues Light Q2 EPS Outlook
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Financial Fact:
Cost of goods sold: 405.44M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Financial Fact:
Cost of goods sold: 405.44M
Today's EPS Names:
FRSB, DGICA, UXIN, More
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Fred's, Inc. (NASDAQ: FRED) reported Q1 EPS of $0.31, $0.04 better than the analyst estimate of $0.27. Revenue for the quarter came in at $501.5 million versus the consensus estimate of $499.41 million.
Comparable store sales for the quarter declined 1.3% versus a decrease of 0.4% for the first quarter last year.
Sees Q2 2013 EPS of $0.06-0.09, versus the consensus of $0.10. Total sales for the second quarter are expected to increase in the range of 2% to 4%. Comparable store sales are expected to be approximately flat in the second quarter.
For earnings history and earnings-related data on Fred's, Inc. (FRED) click here.
Comparable store sales for the quarter declined 1.3% versus a decrease of 0.4% for the first quarter last year.
Sees Q2 2013 EPS of $0.06-0.09, versus the consensus of $0.10. Total sales for the second quarter are expected to increase in the range of 2% to 4%. Comparable store sales are expected to be approximately flat in the second quarter.
For earnings history and earnings-related data on Fred's, Inc. (FRED) click here.
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