Fred's (FRED) September Comps Fell 4.9%, Versus Expected 2.4% Drop
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Fred's Reports September Sales
October 6, 2016 7:45 AM EDTCompany to Hold Its Investor Day on December 2, 2016
MEMPHIS, Tenn.--(BUSINESS WIRE)-- Fred's Inc. (NASDAQ: FRED) today reported sales for the five-week fiscal month of September and eight-month year-to-date period ended on October 1, 2016.
Fred's total sales for the month decreased 5.5% to $199.9 million from $211.4 million in September 2015. Comparable store sales for the month decreased 4.9% compared with an increase of 4.2% in the year-earlier period.
Fred's total sales for the year-to-date period increased 0.5% to $1.439 billion from $1.432 billion for the same period last year. On a comparable store basis, year-to-date sales decreased 1.5%... More
