Fred's (FRED) Offers Q2, FY12 Outlook

May 24, 2012 7:49 AM EDT
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Fred's (Nasdaq: FRED) sees Q2 EPS of 15-17 cents on sales which will be up about 4-6 percent. The Street is currently expecting Q2 EPS of 16 cents.

Sees FY12 EPS of $0.98-$1.04, which compares to the Street estimate of $0.99.

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