Fred's Reports Second Quarter 2015 Results

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Fred's (FRED) Tops Q2 EPS by 5c; Guides FY15 EPS Below Expectations

August 27, 2015 7:47 AM EDT

Fred's (NASDAQ: FRED) reported Q2 EPS of ($0.05), $0.05 better than the analyst estimate of ($0.10). Revenue for the quarter came in at $546.1 million versus the consensus estimate of $552.42 million.

Comparable store sales for the quarter increased 0.9% compared with a decline of 0.1% in the second... More