Fred's (FRED) Reports Q4 Loss Per Share of $0.60
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Fred’s Reports Fourth Quarter, Full Fiscal Year 2016 Results and March Sales
April 6, 2017 6:30 AM EDTStrong sequential bottom-line improvement from third quarter 2016; Expect sequential improvement to continue through 2017
Substantial progress in 2016 implementing new healthcare strategy
Invested in experienced talent, process, technology and infrastructure to build foundation for long-term growth, profitability and shareholder value
March comparable store sales decreased 0.5%
Announced the transformative acquisition of 865 Rite Aid stores, which would make Freds Pharmacy the third largest drugstore chain in the nation, pending FTC approval
MEMPHIS, Tenn.--(BUSINESS WIRE)-- Fred's, Inc. (NASDAQ:... More
