Fred's Company Profile (NASDAQ:FRED)

About Fred's (NASDAQ:FRED)

FredFred's, Inc. (Fred's) is engaged in the sale of general merchandise through its retail discount stores and full service pharmacies. The Company sells general merchandise to its over 20 franchisees. The Company has approximately 660 retail stores, over 370 pharmacies, and approximately three specialty pharmacy facilities located in over 15 states mainly in the Southeastern United States. The Company is licensed to dispense pharmaceuticals in approximately 50 states. The Company operates approximately 640 company-owned stores, including over 60 express stores (or Xpress stores). Fred's is a combination of pharmacy, dollar store and mass merchant strategically located in smaller markets. It offers various product categories, including consumables, such as tobacco, food and beverage, prescription pharmaceuticals, paper and cleaning supplies, pet supplies, health and beauty aids, and discretionary products, such as home decor, seasonal merchandise, auto and hardware, and lawn and garden.

Industry, Sector and Symbol:
  • Sector: Retail/Wholesale
  • Industry: Discount Stores with groceries
  • Sub-Industry: General Merchandise Stores
  • Symbol: NASDAQ:FRED
  • CUSIP: 35610810
  • Web:
  • Market Cap: $254.82 million
  • Outstanding Shares: 38,051,000
Average Prices:
  • 50 Day Moving Avg: $9.57
  • 200 Day Moving Avg: $13.77
  • 52 Week Range: $6.17 - $21.77
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 60.64
  • P/E Growth: -0.14
Sales & Book Value:
  • Annual Revenue: $2.11 billion
  • Price / Sales: 0.12
  • Book Value: $7.90 per share
  • Price / Book: 0.84
  • Annual Dividend: $0.24
  • Dividend Yield: 3.6%
  • EBIDTA: ($43,310,000.00)
  • Net Margins: -4.94%
  • Return on Equity: -3.93%
  • Return on Assets: -1.89%
  • Debt-to-Equity Ratio: 0.52%
  • Current Ratio: 2.01%
  • Quick Ratio: 0.52%
  • Average Volume: 1.51 million shs.
  • Beta: 1.85
  • Short Ratio: 30.39
Frequently Asked Questions for Fred's (NASDAQ:FRED)

What is Fred's' stock symbol?

Fred's trades on the NASDAQ under the ticker symbol "FRED."

How often does Fred's pay dividends? What is the dividend yield for Fred's?

Fred's declared a quarterly dividend on Monday, May 22nd. Investors of record on Thursday, June 1st will be given a dividend of $0.06 per share on Thursday, June 15th. This represents a $0.24 annualized dividend and a yield of 3.60%. The ex-dividend date of this dividend is Tuesday, May 30th. View Fred's' Dividend History.

How were Fred's' earnings last quarter?

Fred's, Inc. (NASDAQ:FRED) announced its quarterly earnings data on Tuesday, June, 6th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by $0.03. The business earned $532.32 million during the quarter, compared to analysts' expectations of $520.28 million. Fred's had a negative return on equity of 3.93% and a negative net margin of 4.94%. The business's revenue for the quarter was down 3.1% on a year-over-year basis. During the same period last year, the business posted $0.03 EPS. View Fred's' Earnings History.

When will Fred's make its next earnings announcement?

Fred's is scheduled to release their next quarterly earnings announcement on Tuesday, September, 5th 2017. View Earnings Estimates for Fred's.

Where is Fred's' stock going? Where will Fred's' stock price be in 2017?

4 analysts have issued 12-month price objectives for Fred's' shares. Their predictions range from $8.00 to $22.00. On average, they anticipate Fred's' share price to reach $14.25 in the next twelve months. View Analyst Ratings for Fred's.

What are analysts saying about Fred's stock?

Here are some recent quotes from research analysts about Fred's stock:

  • 1. According to Zacks Investment Research, "Estimates have been revised downward since Fred’s continues to report lower year over year comps for the fifth month in a row. Soft sales continue to mar the company’s earnings result as it succumbed to another loss bearing third quarter fiscal 2016. Lackluster performance in the front store category and margin pressure due to negative pricing in the pharmacy sector remains matter of concerns. The shares of the company have underperformed the Zacks categorized Retail-wholesale sector for the past one year. The company is also not competent enough to compete with other online retailers in the age of rising popularity of online shopping." (4/4/2017)
  • 2. UBS AG analysts commented, "We see potential for further downward guidance revisions, in the same vein as in 2H last year, and are modeling modestly below consensus for this year and next year," analyst Paul Trussell wrote in a note.With second-quarter comp dropping 2 percent, the analyst said Fred's has produced its worst quarterly performance since the fourth quarter of 2012.Further, the company cut its second-quarter EPS view by $0.195 at the midpoint on the significant gross margin impact and unexpected "direct and indirect remuneration" (DIR) fees assessed during the quarter. As part of the broader industry trend, Trussell sees continued negative impact from reimbursement."[W]hile we applaud the new management team's general merchandise margin boosting initiatives implemented over the past several months (such as JDA software, simplifying sourcing, and utilizing e-auctions), we think the low hanging fruit has already been picked, and see fewer offsets ahead while FRED still works to lower cost to fill on the pharmacy side of the business," (8/8/2016)

How were Fred's' same store sales last quarter?

Fred's same-store sales decreased by 1.6% in the month of June. Fred's shares fell by 11.7% in the first day of trading following the news.

Who are some of Fred's' key competitors?

Who are Fred's' key executives?

Fred's' management team includes the folowing people:

  • Thomas H. Tashjian, Independent Chairman of the Board
  • Michael K. Bloom, President, Chief Executive Officer, Director
  • Rick J. Hans, Chief Financial Officer, Executive Vice President
  • Mary Lou Gardner, Executive Vice President, Chief Merchandising and Marketing Officer
  • Craig L. Barnes, Executive Vice President - Supply Chain and Global and Domestic Logistics
  • Rick A. Chambers, Executive Vice President - Pharmacy Operations
  • John Foley, Executive Vice President - Store Operations
  • Mark C. Dely, Chief Legal Officer, Senior Vice President, General Counsel, Assistant Secretary
  • Kimberley Felice-Dooley, Senior Vice President - Merchandising - Consumables
  • Gregory Froton, Senior Vice President - Merchandising, General Merchandise

Who owns Fred's stock?

Fred's' stock is owned by many different of retail and institutional investors. Top institutional shareholders include ALDEN GLOBAL CAPITAL LLC (24.40%), RE Advisers Corp (5.86%), Horrell Capital Management Inc. (0.07%), Capstone Asset Management Co. (0.07%) and Louisiana State Employees Retirement System (0.04%). Company insiders that own Fred's stock include Alden Global Capital Llc, Eric Ridings, Jerry Shore, Mark C Dely, Michael Hayes, Michael K Bloom, Mike Holligan and Ricky Chambers. View Institutional Ownership Trends for Fred's.

Who sold Fred's stock? Who is selling Fred's stock?

Fred's' stock was sold by a variety of institutional investors in the last quarter, including Capstone Asset Management Co.. Company insiders that have sold Fred's stock in the last year include Eric Ridings, Mark C Dely, Michael Hayes and Ricky Chambers. View Insider Buying and Selling for Fred's.

Who bought Fred's stock? Who is buying Fred's stock?

Fred's' stock was acquired by a variety of institutional investors in the last quarter, including Horrell Capital Management Inc. and Louisiana State Employees Retirement System. Company insiders that have bought Fred's stock in the last two years include Alden Global Capital Llc, Jerry Shore and Michael K Bloom. View Insider Buying and Selling for Fred's.

How do I buy Fred's stock?

Shares of Fred's can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Fred's' stock price today?

One share of Fred's stock can currently be purchased for approximately $6.67.

MarketBeat Community Rating for Fred's (NASDAQ FRED)
Community Ranking:  0.9 out of 5 ()
Outperform Votes:  50 (Vote Outperform)
Underperform Votes:  230 (Vote Underperform)
Total Votes:  280
MarketBeat's community ratings are surveys of what our community members think about Fred's and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Fred's (NASDAQ:FRED) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 3 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.25)
Consensus Price Target: $14.25 (113.64% upside)

Analysts' Ratings History for Fred's (NASDAQ:FRED)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
6/29/2017Deutsche Bank AGLower Price TargetHold -> Hold$16.00 -> $8.00HighView Rating Details
2/7/2017SidotiUpgradeNeutral -> Buy$18.00N/AView Rating Details
1/6/2017StephensUpgradeUnderweight -> Equal WeightN/AView Rating Details
12/23/2016MKM PartnersReiterated RatingNeutral$9.00 -> $22.00N/AView Rating Details
(Data available from 7/22/2015 forward)


Earnings History for Fred's (NASDAQ:FRED)
Earnings by Quarter for Fred`s (NASDAQ:FRED)
Earnings History by Quarter for Fred's (NASDAQ FRED)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/5/2017($0.15)N/AView Earnings Details
6/6/2017Q1 2018($0.03)($0.06)$520.28 million$532.32 millionViewListenView Earnings Details
4/6/2017Q4 2017($0.16)($0.11)$530.80 million$529.70 millionViewListenView Earnings Details
12/8/2016Q316($0.17)($0.27)$514.27 million$516.60 millionViewListenView Earnings Details
8/30/2016Q216($0.21)($0.18)$546.23 million$529.50 millionViewListenView Earnings Details
5/26/2016Q116$0.02$0.03$553.90 million$549.55 millionViewListenView Earnings Details
3/23/2016Q415$0.09$0.07$557.25 million$554.60 millionViewListenView Earnings Details
11/24/2015Q315$0.10$0.10$537.10 million$541.00 millionViewListenView Earnings Details
8/27/2015Q215($0.06)($0.13)$552.42 million$546.10 millionViewListenView Earnings Details
3/26/2015Q414$0.01$0.02$507.46 million$504.40 millionViewN/AView Earnings Details
11/25/2014Q314($0.14)($0.16)$476.20 million$476.20 millionViewN/AView Earnings Details
8/28/2014Q214($0.17)($0.19)$488.07 million$491.20 millionViewN/AView Earnings Details
5/29/2014Q114$0.20$0.17$501.64 million$498.30 millionViewListenView Earnings Details
3/27/2014Q413$0.15$0.17$511.88 million$495.00 millionViewListenView Earnings Details
11/26/2013Q313$0.20$0.20$458.81 million$460.50 millionViewListenView Earnings Details
8/29/2013Q2 2013$0.09$0.09$482.45 million$482.20 millionViewListenView Earnings Details
5/30/2013Q1 2013$0.27$0.31$499.41 million$501.50 millionViewListenView Earnings Details
3/28/2013Q4 2012$0.20$0.18$533.94 million$533.40 millionViewListenView Earnings Details
11/20/20120.18$0.18$452.60 millionViewN/AView Earnings Details
8/23/2012Q212$0.17$0.17$466.60 million$470.80 millionViewN/AView Earnings Details
5/24/2012$0.27$0.28ViewN/AView Earnings Details
3/21/2012$0.24$0.25ViewN/AView Earnings Details
11/22/2011$0.22$0.24ViewN/AView Earnings Details
8/25/2011$0.13$0.14ViewN/AView Earnings Details
5/26/2011$0.24$0.24ViewN/AView Earnings Details
3/24/2011$0.21$0.22ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Fred's (NASDAQ:FRED)
2017 EPS Consensus Estimate: ($0.21)
2018 EPS Consensus Estimate: ($0.11)
2019 EPS Consensus Estimate: ($0.67)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.01$0.16$0.08
Q2 20173($0.21)$0.02($0.13)
Q3 20172($0.15)($0.12)($0.14)
Q4 20173($0.08)$0.08($0.02)
Q1 20182($0.08)$0.04($0.02)
Q2 20182($0.15)($0.03)($0.09)
Q3 20182($0.04)$0.00($0.02)
Q4 20182$0.01$0.03$0.02
Q1 20191($0.05)($0.05)($0.05)
Q2 20191($0.23)($0.23)($0.23)
Q3 20191($0.21)($0.21)($0.21)
Q4 20191($0.18)($0.18)($0.18)
(Data provided by Zacks Investment Research)


Current Dividend Information for Fred's (NASDAQ:FRED)
Most Recent Dividend:6/15/2017
Annual Dividend:$0.24
Dividend Yield:3.60%
Payout Ratio:-8.54% (Trailing 12 Months of Earnings)
-72.73% (Based on This Year's Estimates)
218.18% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Fred`s (NASDAQ:FRED)

Dividend History by Quarter for Fred's (NASDAQ FRED)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Fred's (NASDAQ:FRED)
Insider Ownership Percentage: 6.90%
Insider Trades by Quarter for Fred`s (NASDAQ:FRED)
Institutional Ownership by Quarter for Fred`s (NASDAQ:FRED)
Insider Trades by Quarter for Fred's (NASDAQ:FRED)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/23/2016Michael HayesDirectorSell10,000$20.17$201,700.00View SEC Filing  
12/22/2016Alden Global Capital LlcMajor ShareholderBuy5,533,005$19.85$109,830,149.25View SEC Filing  
12/21/2016Eric RidingsVPSell300$20.00$6,000.00View SEC Filing  
12/20/2016Mark C DelySVPSell4,081$19.80$80,803.80View SEC Filing  
12/20/2016Michael HayesDirectorSell3,243$19.29$62,557.47View SEC Filing  
12/20/2016Ricky ChambersEVPSell3,631$19.89$72,220.59View SEC Filing  
9/13/2016Mark C DelySVPSell1,189$10.04$11,937.56View SEC Filing  
9/9/2016Michael HayesDirectorSell9,369$10.17$95,282.73View SEC Filing  
9/8/2016Michael HayesDirectorSell631$11.00$6,941.00View SEC Filing  
9/7/2016Michael HayesDirectorSell16,414$10.82$177,599.48View SEC Filing  
9/6/2016Michael HayesDirectorSell10,000$10.75$107,500.00View SEC Filing  
9/1/2016Michael HayesDirectorSell10,000$11.04$110,400.00View SEC Filing  
6/9/2016Michael HayesDirectorSell5,000$15.20$76,000.00View SEC Filing  
5/31/2016Michael HayesDirectorSell10,000$14.71$147,100.00View SEC Filing  
5/31/2016Mike HolliganEVPSell1,517$14.67$22,254.39View SEC Filing  
5/27/2016Michael HayesDirectorSell5,000$14.68$73,400.00View SEC Filing  
3/30/2016Michael HayesDirectorSell10,000$15.04$150,400.00View SEC Filing  
12/4/2015Michael HayesDirectorSell5,000$16.25$81,250.00View SEC Filing  
11/27/2015Michael HayesDirectorSell15,000$16.66$249,900.00View SEC Filing  
8/31/2015Jerry ShoreCEOBuy1,000$12.94$12,940.00View SEC Filing  
8/31/2015Michael K BloomPresidentBuy2,000$13.10$26,200.00View SEC Filing  
8/28/2015Jerry ShoreCEOBuy1,000$13.03$13,030.00View SEC Filing  
6/12/2015Michael HayesDirectorSell9,300$19.43$180,699.00View SEC Filing  
6/1/2015Ben GarnerVPSell532$17.78$9,458.96View SEC Filing  
4/9/2015B Mary McnabbDirectorBuy1,250$12.19$15,237.50View SEC Filing  
3/31/2015Dennis CurtisSVPSell6,000$17.14$102,840.00View SEC Filing  
3/30/2015Mark C DelySVPSell1,190$17.26$20,539.40View SEC Filing  
3/30/2015Mike HolliganEVPSell1,500$17.23$25,845.00View SEC Filing  
3/30/2015Willie SandsVPSell3,067$17.17$52,660.39View SEC Filing  
3/27/2015Jack EisenmanDirectorSell7,764$17.03$132,220.92View SEC Filing  
3/27/2015Reggie JacobsEVPSell2,357$17.01$40,092.57View SEC Filing  
1/18/2015Dennis CurtisSVPSell3,033$17.66$53,562.78View SEC Filing  
1/18/2015Mike HolliganEVPSell1,983$17.66$35,019.78View SEC Filing  
1/18/2015Willie SandsVPSell1,933$17.66$34,136.78View SEC Filing  
11/26/2014Bruce A EfirdCEOSell22,947$15.31$351,318.57View SEC Filing  
7/11/2014Ronald T KayVPBuy247$13.00$3,211.00View SEC Filing  
7/11/2014Teresa GaborSVPBuy67$13.00$871.00View SEC Filing  
4/3/2014Dennis CurtisSVPSell5,437$18.80$102,215.60View SEC Filing  
4/3/2014Ricky PruittEVPSell1,038$18.66$19,369.08View SEC Filing  
4/2/2014David GagneVPSell1,026$18.69$19,175.94View SEC Filing  
6/14/2013Dennis CurtisSVPSell1,845$15.87$29,280.15View SEC Filing  
6/11/2013Matthew TwiggVPSell2,000$16.18$32,360.00View SEC Filing  
4/11/2013Reggie JacobsVPSell2,017$14.00$28,238.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Fred's (NASDAQ:FRED)
Latest Headlines for Fred's (NASDAQ:FRED)
DateHeadline logoFred's Names Jason Jenne EVP And CFO - July 20 at 12:33 AM logoFred's (FRED) Names Jason Jenne as CFO; Rick Hans to Step Down to Pursue Other Opportunities - July 20 at 12:33 AM logoFred’s Pharmacy Appoints Jason Jenne Chief Financial Officer - July 19 at 7:30 PM logoFred's names new exec to C-suite - July 19 at 7:30 PM logoZacks: Analysts Expect Fred's, Inc. (NASDAQ:FRED) Will Announce Quarterly Sales of $505.79 Million - July 16 at 8:28 AM logoZacks: Analysts Expect Fred's, Inc. (FRED) Will Post Earnings of -$0.16 Per Share - July 14 at 2:20 PM logoFred's, Inc. (FRED) Receives Consensus Rating of "Hold" from Brokerages - July 10 at 8:46 AM logoFred's Posts Dismal Comparable June Store Sales, Stock Down - July 8 at 10:52 AM logoFred's, Inc. (FRED) Cut to "D" at TheStreet - July 7 at 1:52 PM logoFred's Sees Unusually Large Options Volume (NASDAQ:FRED) - July 7 at 7:30 AM logoShould You Get Rid of Fred's, Inc. (FRED) Now? - July 7 at 1:30 AM logoFred’s Pharmacy Reports June Sales - July 6 at 8:08 PM logoShould You Get Rid of Fred's, Inc. (FRED) Now? - July 6 at 8:08 PM logoWhy Fred's Inc. Stock Tumbled on Thursday - July 6 at 8:08 PM logoHitting The Racks And Collecting Empty Hangers: What's Going On In Retail Sales? - July 6 at 8:08 PM logoFred's reports 'lower than anticipated' June sales - July 6 at 8:08 PM logoFred's, Inc. Same-Store Sales Down 1.6% in June, Shares Drop by 11.7% (NASDAQ:FRED) - July 6 at 2:22 PM logoWhy Fred's Inc. Stock Tumbled on Thursday - July 6 at 12:49 PM logoFred's, Inc. to Post Q3 2018 Earnings of $0.00 Per Share, SunTrust Banks Forecasts (FRED) - July 3 at 9:18 AM logoFred's, Inc. (FRED) Given New $8.00 Price Target at Deutsche Bank AG - July 1 at 11:16 PM logoSeveral Hedge Funds Get Hurt as Rite Aid Deal Folds - July 1 at 12:11 AM logoBRIEF-Fred's Inc files for offering of upto 9.3 million shares of common stock by selling shareholder - June 30 at 7:07 PM logoFred's Stock Falls, Walgreens & Rite Aid Merger Deal Revised - June 30 at 7:07 PM logoReworked Rite Aid Deal Still Has to Clear Regulators' Review - June 30 at 7:07 PM logoWhy Battle-Tested Walgreens Deal With Rite Aid Faces Easier Time With Lawmakers - June 30 at 7:07 PM logoFY2020 Earnings Forecast for Fred's, Inc. (FRED) Issued By SunTrust Banks - June 30 at 1:42 PM logoInvestors Buy Large Volume of Put Options on Fred's (FRED) - June 30 at 1:04 PM logoFred's stock plunges after deal to buy some Rite Aid stores was terminated - June 29 at 10:09 PM logoWalgreens, Rite Aid strike new deal, cut Fred's out - June 29 at 10:09 PM logoFred’s Stock Takes a Hit After Walgreens-Rite Aid End Merger Plan - June 29 at 10:09 PM logoFRED, DOC and AMD stock led Thursday's bearish charge (trampling their shareholders in the process) - June 29 at 10:09 PM logoWalgreens Gets Bigger While Rite Aid, Fred's Pick Up the Pieces - June 29 at 10:09 PM logoWhat's next for Fred's? - June 29 at 8:58 AM logoFred’s Pharmacy Unanimously Adopts Short-Term Shareholder Rights Plan - June 28 at 6:27 PM logoFred's adopts poison pill following increased 'volatility' in share price - June 28 at 6:27 PM logoWhat Will Rite Aid-Walgreens Merger Mean to Fred's (FRED)? - June 28 at 6:27 PM logoFred's adopts poison pill ahead of Walgreens-Rite Aid deal decision - June 28 at 6:27 PM logoFred's Adopts Poison Pill As Walgreens-Rite Aid Decision Looms - June 28 at 6:27 PM logoFred's Adopts Poison Pill Following 'Increased Trading Volatility' - June 28 at 6:27 PM logoFred's adopts 'poison pill' to prep for Walgreens/Rite Aid outcome - June 28 at 6:27 PM logoHere's Why Rite Aid Corporation Surged Again Today - June 28 at 6:27 PM logoRite Aid & Fred's Surge on Rumors of Possible Nod for Merger - June 27 at 8:41 PM logoFred's Inc. (FRED) Jumped After Agreement With Nielsen Expanded - June 27 at 8:41 PM logoRite Aid & Fred's Surge on Rumors of Possible Nod for Merger - June 27 at 3:38 PM logoRite Aid, Fred’s, and Walgreens Rose Due to Possible Deal Closure - June 27 at 3:38 PM logoForm 4 EnSync, Inc. For: Jun 22 Filed by: ABDOO RICHARD A - June 26 at 11:38 PM logoWhy Fred's, Inc. and Rite Aid Corporation Stock Popped Today - June 26 at 6:37 PM logoMovement at the FTC Is Bad News for Rite Aid - June 23 at 5:59 PM logo Analysts Expect Fred's, Inc. (FRED) Will Post Quarterly Sales of $511.30 Million - June 22 at 11:10 AM logoFred Johnson of Ortho Clinical Diagnostics Receives DFMA Supporter of the Year at the 2017 Boothroyd Dewhurst International Forum on DFMA® - June 21 at 6:52 PM



Fred's (FRED) Chart for Saturday, July, 22, 2017

This page was last updated on 7/22/2017 by Staff