Fred's (FRED) Reports In-Line Q3 EPS
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Fred’s Reports Third Quarter 2015 Earnings
November 24, 2015 7:45 AM ESTThird Quarter Adjusted EPS of $0.10 Meets Company Guidance
MEMPHIS, Tenn.--(BUSINESS WIRE)-- Fred's, Inc. (NASDAQ: FRED) today reported financial results for the third quarter and nine months ended October 31, 2015.
Third quarter adjusted earnings per share achieved the midpoint of company guidance at $0.10 and increased $0.26 compared with the third quarter of 2014. Comparable store sales increase of 2.7% for the quarter and 1.5% for the year-to-date periods exceeded company guidance and was the highest increase since the first quarter of 2009.... More