Fred's Announces Key Management Additions and Changes
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Fred's (FRED) Announces Three New Management Changes
March 26, 2015 7:48 AM EDTFred's (NASDAQ: FRED) announced several key management changes, including:
Bryan Pugh named Chief Merchandising and Marketing Officer (CMMO).Craig Barnes promoted to Executive Vice President of Supply Chain, Global and Domestic Logistics.Mike Holligan promoted to Executive Vice President of Store Operations.Commenting on the announcement, Jerry A. Shore, Chief Executive Officer, said, "Working together with Mike Bloom, our President and Chief Operating Officer, we are now assembling a solid, experienced management team that complements our pharmacy team to drive growth in market share and... More
Fred's (FRED) Tops Q4 EPS by 1c; Issues Light EPS Outlook
March 26, 2015 7:47 AM EDTFred's (NASDAQ: FRED) reported Q4 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $504.4 million versus the consensus estimate of $507.46 million.
Comparable store sales for the quarter were flat compared with an increase of 0.1% in the... More
