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Fred's (FRED) Comps Down 0.8% in Jan.; Affirms Outlook

February 2, 2012 7:49 AM EST
FRED Hot Sheet
EPS Growth %: +16.7%

Financial Fact:
Comprehensive income: 5.09M

Today's EPS Names:
TARO, BRLI, TLB, More
Fred's (Nasdaq: FRED) reports total sales for the month of January were $132.4 million, up 2.5 percent from the same period last year. Same-store sales fell 0.8 percent.

Still sees Q4 EPS near the low-midpoint of the 23-27 cent range.


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