Fred's, Inc. (FRED) Reports In-Line Q1 EPS of 24c; Guides Q2, Reaffirms FY11 Outlook
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Financial Fact:
Effect of dilutive stock options: 0
Today's EPS Names:
OFLX, NMRD, VAXX, More
Financial Fact:
Effect of dilutive stock options: 0
Today's EPS Names:
OFLX, NMRD, VAXX, More
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Fred's, Inc. (NASDAQ: FRED) reported Q1 EPS of $0.24, in-line with the analyst estimate of $0.24. Revenue for the quarter came in at $484.4 million versus the consensus estimate of $485.05 million.
Q1 same-store sales up 1.0%.
Sees Q2 2011 EPS of $0.14-$0.16, versus the consensus of $0.15. Sees Q2 same-store sales up 1-2%.
Reaffirms outlook: sees FY2011 EPS of $0.84-$0.90, versus the consensus of $0.87.
Q1 same-store sales up 1.0%.
Sees Q2 2011 EPS of $0.14-$0.16, versus the consensus of $0.15. Sees Q2 same-store sales up 1-2%.
Reaffirms outlook: sees FY2011 EPS of $0.84-$0.90, versus the consensus of $0.87.
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