Fred's (FRED) Posts Breakeven Q1 Loss

Fred's (NASDAQ: FRED) reported Q1 EPS of $0.00, $0.01 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $509 million versus the consensus estimate of $512.33 million.

Comparable store sales for the quarter increased 0.8% compared with a decrease of 1.9% in the first quarter last year.

For earnings history and earnings-related data on Fred's (FRED) click here.

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