Fred’s Pharmacy Reports Second Quarter 2017 Results
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Fred's (FRED) Surges as President of Largest Investor Named Chairman
September 6, 2017 10:02 AM EDTFred's (NASDAQ: FRED) is gaining today following better-than-expected Q2 results and the naming of Heath Freeman as Chairman. Freeman is President of Alden, the Company's largest investor.
Shares of FRED is up 18.4%. Shares have been crushed over the past several... More
Fred's (FRED) Tops Q2 EPS by 2c
September 6, 2017 7:01 AM EDTFred's (NASDAQ: FRED) reported Q2 EPS of ($0.15), $0.02 better than the analyst estimate of ($0.17). Revenue for the quarter came in at $507.8 million versus the consensus estimate of $506.36 million.
Comparable store sales for the second quarter declined 0.3% versus a decrease of 2.0% in the second quarter last... More
