Fred's (FRED) Comps Up 1.8% in April; Updates Q1 Guidance

May 5, 2011 7:47 AM EDT
Fred's (Nasdaq: FRED) reports a 3 percent rise in April total sales to $141.8 million. Same-store sales were up 1.8 percent.

The company sees Q1 EPS reaching the low end of its previously-issued 24-26c guidance.


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Guidance, Retail Sales