Fred's Announces Second Quarter 2016 Results
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Stephens Downgrades Fred's Inc. (FRED) to Underweight
August 31, 2016 9:07 AM EDTStephens downgraded Fred's Inc. (NASDAQ: FRED) from Equal Weight to Underweight with a price target of $9.00.
For an analyst ratings summary and ratings history on Fred's Inc. click here. For more ratings news on Fred's Inc. click here.
Shares of Fred's Inc. closed at $11.94 yesterday.
... MoreFred's (FRED) Tops Q2 EPS by 3c; Offers H216 Outlook
August 30, 2016 7:46 AM EDTFred's (NASDAQ: FRED) reported Q2 EPS of ($0.18), $0.03 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $529.5 million versus the consensus estimate of $536.43 million.
Comparable store sales for the second quarter declined 2.0% versus an increase of 0.9% in the second quarter last year, while... More
