BB&T Capital Downgrades Fred's Inc. (FRED) to Hold
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Fred's, Inc. (FRED) Misses Q1 EPS by 3c; Comps Fell 1.9%; Guides Q2, FY14 EPS
May 29, 2014 7:49 AM EDTFred's, Inc. (NASDAQ: FRED) reported Q1 EPS of $0.17, $0.03 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $498.3 million versus the consensus estimate of $501.64 million.
Comparable store sales for the quarter declined 1.9% versus a decrease of 1.3% for the first... More
