Content about Fred Figglehorn

April 10, 2014

Fred's Super Dollar on Wednesday reported sales of $191.2 million, up 1%, for the five-week fiscal month of March ended April 5, 2014.

MEMPHIS, Tenn. — Fred's Super Dollar on Wednesday reported sales of $191.2 million, up 1%, for the five-week fiscal month of March ended April 5, 2014.

Comparable store sales for the month decreased 1.2% compared with a decrease of 3% in the prior-year period.

March 28, 2014

Fred's Super Dollar will be exiting a number of front-end categories — including footwear, televisions/home theater and select home furnishings — in an effort to expand seasonal, health, beauty, pharmacy and OTC, in line with reconfiguration plan strategies, Fred's CFO Jerry Shore told analysts Thursday.

MEMPHIS, Tenn. — Fred's Super Dollar will be exiting a number of front-end categories — including footwear, televisions/home theater and select home furnishings — in an effort to expand seasonal, health, beauty, pharmacy and OTC, in line with reconfiguration plan strategies, Fred's CFO Jerry Shore told analysts Thursday. 

February 6, 2014

Fred's Super Dollar on Thursday reported $134.8 million in sales for the four weeks ended Feb. 1, representing a 1.1% decline on an adjusted basis.

MEMPHIS, Tenn. — Fred's Super Dollar on Thursday reported $134.8 million in sales for the four weeks ended Feb. 1, representing a 1.1% decline on an adjusted basis. Total sales for the fiscal year totaled $1.9 billion, representing an increase of 1.4% on an adjusted basis. 

On an adjusted basis, comparable store sales decreased 1.8% in January versus flat comparable store sales in the year-earlier period. Also on an adjusted basis, comparable store sales for fiscal 2013 increased 0.6% versus a decrease of 1.4% for fiscal 2012. 

December 5, 2013

Fred's Super Dollar on Wednesday reported a 1% increase in total sales, to $151.5 million, for the four weeks ended Nov. 30. Comparable-store sales for the month were flat versus a decline of 3.6% in the same period last year.

MEMPHIS, Tenn. — Fred's Super Dollar on Wednesday reported a 1% increase in total sales, to $151.5 million, for the four weeks ended Nov. 30. Comparable-store sales for the month were flat versus a decline of 3.6% in the same period last year.

"The environment was as competitive as expected, and the later Thanksgiving holiday had a negative impact on sales," noted Bruce Efird, Fred's CEO. "As anticipated, our pharmacy department continued to perform well during the month," he said.  

September 5, 2013

Fred's Super Dollar posted sales of $140 million for the four weeks ended Aug. 31. Sales were $139.9 million in the year-ago period.

MEMPHIS, Tenn. — Fred's Super Dollar on Wednesday posted sales of $140 million for the four weeks ended Aug. 31. Sales were $139.9 million in the year-ago period. 

Comparable-store sales for the month were approximately flat versus a decline of 2.8% in the same period last year.

"Sales were adversely affected by an unfavorable calendar shift, with no first of the month in fiscal August," stated Bruce Efird, Fred's CEO. "Despite this shift, several departments performed well in August, most notably pharmacy," he said. 

August 22, 2013

Fred's Super Dollar on Wednesday announced that its board has declared a quarterly cash dividend of $0.06 per share.

MEMPHIS, Tenn. — Fred's Super Dollar on Wednesday announced that its board has declared a quarterly cash dividend of $0.06 per share. 

The dividend is payable on Sept. 16, 2013, to shareholders of record as of Sept. 2, 2013.

Fred's operates 697 discount general merchandise stores, including 21 franchised Fred's stores, in the southeastern United States.

June 6, 2013

Fred's Super Dollar posted sales of $152.4 million, up 0.2%, for the four weeks ended June 1.

MEMPHIS, Tenn. — Fred's Super Dollar on Thursday posted sales of $152.4 million, up 0.2%, for the four weeks ended June 1. Comparable store sales for the month decreased 0.5% compared with an increase of 1.3% in the same period last year.

May 21, 2013

Fred's announced that its board of directors has declared a quarterly cash dividend of $0.06 per share.

MEMPHIS, Tenn. — Fred's Inc. today announced that its board of directors has declared a quarterly cash dividend of $0.06 per share.

The dividend is payable on June 17, 2013, to shareholders of record as of June 3, 2013.

Fred's Inc. operates 715 discount general merchandise stores, including 21 franchised Fred's stores, in the southeastern United States. For more information about the company, visit Fred's website at www.fredsinc.com.

May 8, 2013

Fred's Super Dollar posted a slight 0.2% sales gain for its first quarter ended May 4, to $501.4 million.

MEMPHIS, Tenn. — Fred's Super Dollar on Tuesday posted a slight 0.2% sales gain for its first quarter ended May 4, to $501.4 million. Comparable store-sales for the quarter were down 1.3%. 

For the month of April (four weeks ended May 4), Fred's total sales increased 3% to $152.2 million. Comparable store sales for the month increased 1.2% comparatively.

March 7, 2013

Fred's Super Dollar reported total sales of $159.2 million for the four weeks ended March 2, up some $200,000 from the corresponding year-ago period.

MEMPHIS, Tenn. — Fred's Super Dollar on Thursday reported total sales of $159.2 million for the four weeks ended March 2, up some $200,000 from the corresponding year-ago period. Comparable store sales for the month declined 1.5%. 

January 3, 2013

Fred's reported a 1% sales decline to $209.9 million for the five-week fiscal month ended Dec. 29.

MEMPHIS, Tenn. — Fred's on Thursday reported a 1% sales decline to $209.9 million for the five-week fiscal month ended Dec. 29. Comparable store sales for the month decreased 4.2% compared with a decline of 0.4% in the same period last year.

September 4, 2012

American Express and Fred's on Friday announced the launch of a special three-month American Express Cardmember offer beginning in September to celebrate the recent card acceptance agreement between the two companies.

NEW YORK 

August 30, 2012

Fred's on Thursday posted $139.9 million in sales, up 2.8%, for the four weeks ended Aug. 25.

MEMPHIS, Tenn. — Fred's on Thursday posted $139.9 million in sales, up 2.8%, for the four weeks ended Aug. 25. Comparable-store sales for the month decreased 2.8%, versus an increase of 1.6% in the same period last year.

April 5, 2012

Fred's on Thursday reported total sales of $194 million for the five weeks ended March 31, up 3% from the year-ago period.

MEMPHIS, Tenn. — Fred's on Thursday reported total sales of $194 million for the five weeks ended March 31, up 3% from the year-ago period. Comparable-store sales for the month were flat versus an increase of 0.7% in the same period last year.

February 2, 2012

Fred's on Thursday said January sales rose 3% to $132.4 million, compared with the year-ago period.

MEMPHIS — Fred's on Thursday said January sales rose 3% to $132.4 million, compared with the year-ago period.

Comparable-store sales for the retailer, however, declined 0.8%, compared with an increase of 2.1% in the same period last year.

December 1, 2011

Fred's on Thursday reported sales of $152.1 million, up 4%, for the four-week fiscal month ended Nov. 26. Comparable store sales for the month rose 1.5% on top of an increase of 4.7% in the same period last year.

MEMPHIS, Tenn. — Fred's on Thursday reported sales of $152.1 million, up 4%, for the four-week fiscal month ended Nov. 26. Comparable store sales for the month rose 1.5% on top of an increase of 4.7% in the same period last year.

October 6, 2011

Fred’s posted a 1% gain in sales, to $17.5 million, for the five weeks ended Oct. 1.

MEMPHIS, Tenn. — Fred’s posted a 1% gain in sales, to $17.5 million, for the five weeks ended Oct. 1.

Comparable store sales for September increased 1.1%; comparable store sales were flat in the year-earlier month. The September total sales comparison was adversely affected by store-closing sales that occurred last year during the month.

August 4, 2011

Fred's on Thursday reported sales of $452.7 million, up 1% compared with the year-ago period, for the second quarter ended July 30.

MEMPHIS, Tenn. — Fred's on Thursday reported sales of $452.7 million, up 1% compared with the year-ago period, for the second quarter ended July 30. On a comparable-store basis, second-quarter sales decreased 0.4% versus an increase of 2.5% in the same period last year.

"July's sales performance was consistent with the first two months of the quarter as external economic factors, including high unemployment and reductions in government aid, continued to have a negative impact throughout the Southeast," stated Bruce Efird, Fred's CEO.

May 5, 2011

Fred's tallied $141.8 million in sales, representing an increase of 3% for the four weeks ended April 30, the retailer reported Thursday.

MEMPHIS, Tenn. — Fred's tallied $141.8 million in sales, representing an increase of 3% for the four weeks ended April 30, the retailer reported Thursday.

Comparable-store sales for the month rose 1.8%, versus an increase of 0.6% in the same period last year. Likewise, Fred's total sales for the first three months of fiscal 2011 increased 3% to $484.4 million.

November 30, 2010

Total sales and comparable-store sales both rose during the month of November for Fred's, the chain announced Tuesday.

MEMPHIS — Total sales and comparable-store sales both rose during the month of November for Fred's, the chain announced Tuesday.

Fred's disclosed total sales for the four-week fiscal month ended Nov. 27 increased 6% to $146.3 million from the year-ago period, while comparable-store sales for the month rose 4.7% versus a decline of 3.3% during November 2009.

October 6, 2010

Fred's September sales increased 2% for the five-week fiscal month....

June 2, 2010

Discounter Fred's noted a 5% rise in its fiscal sales for the month, which ended May 29....