Fred's, Inc. (FRED) Reports In-Line Q2 EPS; Raises FY13 EPS Midpoint
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Fred's, Inc. (NASDAQ: FRED) reported Q2 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $482.2 million versus the consensus estimate of $482.45 million.
Comparable store sales for the quarter increased 2.2% compared with a decline of 1.0% in the second quarter last year.
Sees Q3 2013 EPS of $0.19-$0.23, versus the consensus of $0.23.
Sees FY2013 EPS of $0.81-$0.86, versus prior guidance of $0.77-$0.88 and the consensus of $0.85.
For earnings history and earnings-related data on Fred's, Inc. (FRED) click here.
Comparable store sales for the quarter increased 2.2% compared with a decline of 1.0% in the second quarter last year.
Sees Q3 2013 EPS of $0.19-$0.23, versus the consensus of $0.23.
Sees FY2013 EPS of $0.81-$0.86, versus prior guidance of $0.77-$0.88 and the consensus of $0.85.
For earnings history and earnings-related data on Fred's, Inc. (FRED) click here.
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