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Stock Market & Financial Investment News

News Breaks
November 28, 2012
06:28 EDTFREDFred's downgraded to Neutral from Buy at SunTrust
SunTrust downgraded Fred's citing difficult general-merchandise trends and lack of visibility.
News For FRED From The Last 14 Days
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April 15, 2015
11:28 EDTFREDFred's management to meet with FBR Capital
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April 9, 2015
07:46 EDTFREDFred's reports March SSS up 1.9%
Fred's total sales for March increased 0.3% to $191.7M from $191M in March 2014. The company said it ended the month with strong Easter product sales in toys, candy, and giftware, and its pharmacy department continued to post strong revenue and comparable script growth in March. The company also noted, "At the same time, we were negatively affected in spring seasonal and Lawn & Garden product categories due to the port strike and wet weather during March. We expect that these sales will rebound in the upcoming months as spring merchandise is received."

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