FRED’S, INC. (NASDAQ:FRED) Files An 8-K Results of Operations and Financial Condition
RESULTS OF OPERATIONS AND FINANCIAL
On June 6, 2017, Freds, Inc. (the Company) issued a press release
announcing the Companys financial results for the quarter ended
April 29, 2017. The full text of the press release is furnished
as Exhibit 99.1 and is incorporated herein by reference.
The information in this Current Report on Form 8-K (including
Exhibit 99.1) is being furnished to Item 2.02 of Form 8-K and
shall not be deemed to be filed for any purpose, including for
the purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the Exchange Act) or otherwise subject to the
liabilities of that section, nor shall it be deemed to be
incorporated by reference into any previous or future filings by
the Company under the Exchange Act or the Securities Act of 1933,
FINANCIAL STATEMENTS AND EXHIBITS.
|99.1||Press Release of Freds, Inc., dated June 6, 2017.|
About FRED’S, INC. (NASDAQ:FRED)
Fred’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.