Fred's, Inc. · Memphis, TN United States (NASDAQ: FRED)
Key Fred's, Inc. Financials
| Company Type | Public -(NASDAQ: FRED) Headquarters |
|---|---|
| Fiscal Year-End | January |
| 2011 Sales (mil.) | $1,841.8 |
| 2011 Employees | 9,852 |
Fred's, Inc. Income Statement
| Jan 11 | Jan 10 | Jan 09 | |
| Revenue | 1,841.8 | 1,788.1 | 1,798.8 |
| Cost of Goods Sold | 1,314.7 | 1,288.9 | 1,295.8 |
| Gross Profit | 527.0 | 499.2 | 503.0 |
| Gross Profit Margin | 28.6% | 27.9% | 28% |
| SG&A Expense | 451.1 | 434.4 | 450.3 |
| Depreciation & Amortization | 29.2 | 26.4 | 26.4 |
| Operating Income | 46.7 | 38.5 | 26.3 |
| Operating Margin | 2.5% | 2.2% | 1.5% |
| Nonoperating Income | 0.0 | 0.0 | (0.4) |
| Nonoperating Expenses | (0.2) | (0.3) | -- |
| Income Before Taxes | 46.5 | 38.2 | 25.9 |
| Income Taxes | 16.9 | 14.6 | 9.3 |
| Net Income After Taxes | 29.6 | 23.6 | 16.6 |
| Continuing Operations | 29.6 | 23.6 | 16.6 |
| Discontinued Operations | -- | -- | -- |
| Total Operations | 29.6 | 23.6 | 16.6 |
| Total Net Income | 29.6 | 23.6 | 16.6 |
| Net Profit Margin | 1.6% | 1.3% | 0.9% |
| Diluted EPS from Total Net Income | 0.75 | 0.59 | 0.42 |
| Dividends per Share | 0.16 | 0.11 | 0.08 |
All amounts in millions of US Dollars except per share amounts.
Fred's, Inc. Balance Sheet
| Assets | Jan 11 | Jan 10 | Jan 09 |
| Current Assets | |||
| Cash | 49.2 | 54.7 | 35.1 |
| Net Receivables | 54.5 | 54.1 | 44.6 |
| Inventories | 313.4 | 294.0 | 301.5 |
| Other Current Assets | 12.7 | 10.9 | 11.9 |
| Total Current Assets | 429.8 | 413.8 | 393.2 |
| Net Fixed Assets | 139.9 | 137.6 | 138.0 |
| Other Noncurrent Assets | 25.8 | 20.1 | 13.5 |
| Total Assets | 595.5 | 571.4 | 544.8 |
| Liabilities | Jan 11 | Jan 10 | Jan 09 |
| Current Liabilities | |||
| Accounts Payable | 81.0 | 87.4 | 70.0 |
| Short-Term Debt | 0.2 | 0.7 | 0.2 |
| Other Current Liabilities | 66.5 | 59.0 | 67.5 |
| Total Current Liabilities | 147.7 | 147.1 | 137.7 |
| Long-Term Debt | 4.0 | 4.2 | 4.9 |
| Other Noncurrent Liabilities | 20.0 | 19.2 | 15.2 |
| Total Liabilities | 171.6 | 170.5 | 157.7 |
| Shareholder's Equity | |||
| Preferred Stock Equity | 0.0 | 0.0 | -- |
| Common Stock Equity | 423.9 | 400.9 | 387.1 |
| Total Equity | 423.9 | 400.9 | 387.1 |
| Shares Outstanding (thou.) | 39,300.9 | 39,363.5 | 39,972.7 |
All amounts in millions of US Dollars except per share amounts.
Fred's, Inc. Cash Flow Statement
| Jan 11 | Jan 10 | Jan 09 | |
| Net Operating Cash Flow | 42 | 64 | 78 |
| Net Investing Cash Flow | (38.2) | (33.2) | (19.7) |
| Net Financing Cash Flow | (9.4) | (11.4) | (33.7) |
| Net Change in Cash | (5.6) | 19.6 | 24.9 |
| Depreciation & Amortization | 29.2 | 26.4 | 26.4 |
| Capital Expenditures | (38.5) | (33.4) | (22.4) |
| Cash Dividends Paid | (6.3) | (4.4) | (3.2) |
All amounts in millions of US Dollars except per share amounts.