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  September 5, 2001
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Home > Company Index > Retail > Discount & Variety Retailing > Fred's, Inc.

Fred's, Inc.
Nasdaq: FRED
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 NEWS FROM THE WIRES
Fred's July same-store sales increase
Aug 09 2001 05:20 AM PDT

More WIRE STORIES about this company

 PROFILE
Those whose greenbacks feature George and Abe rather than Andrew and Ulysses may very well shop at Fred's. Generally serving customers with modest incomes, Fred's operates about 350 discount stores in 11 southeastern states, primarily in small towns. Fred's stores carry 12,000 brand-name, off-brand, and private-label products, including pharmaceuticals, household goods, clothing, linens, health and beauty aids, food, tobacco products, and cleaning supplies. Some 60% of its stores have pharmacies; it also fills mail-order prescriptions. The company, growing by about 20 stores each year, also provides goods and services to about 25 franchised Fred's stores.

 COMPETITION
Dollar General Corporation (DG)
Wal-Mart Stores, Inc. (WMT)
Walgreen Co. (WAG)

 STOCK ANALYSIS
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FURTHER ANALYSIS
• Advanced Charting
• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: January
2001 Sales (mil.): 781.20
1-Yr. Sales Growth: 17.3%
Employees: 7,620
Revenue per employee: $102,519.69

 KEY PEOPLE
• Michael J. Hayes
    CEO
• Jerry A. Shore
    CFO

 CONTACT INFO
4300 New Getwell Rd.
Memphis, TN 38118
US
Phone: 901-365-8880
Fax: 901-365-8865
Online: Web Site

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Hoovers Online   Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
For changes and updates, contact Hoover's directly.


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