Fred’s Inc. and subsidiaries operate full-service pharmacy departments. The Company's stores offer a variety of services including prescription and over-the-counter medications, immunizations and healthcare products, in addition to everyday convenience items. This selection includes both national brands and Fred's proprietary brand of lab-tested products. Fred’s also owns and operates two additional chains, Getwell Drug & Dollar and Yazoo Trading Company. Getwell Drug & Dollar is a convenient pharmacy destination that offers an expanded over-the-counter medication selection, and individualized patient care. Yazoo Trading Company offers hardware, auto, and pet and animal supplies.

Type
Public
HQ
Memphis, US
Founded
1947
Size (employees)
4,832 (est)
Fred's was founded in 1947 and is headquartered in Memphis, US
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Fred's Office Locations

Fred's has an office in Memphis
Memphis, US (HQ)
4300 New Getwell Rd
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Fred's Financials and Metrics

Fred's Financials

Fred's's revenue was reported to be $2.13 b in FY, 2017
USD

Revenue (FY, 2017)

2.1 b

Gross profit (FY, 2017)

510.3 m

Gross profit margin (FY, 2017), %

24%

Net income (FY, 2017)

(66.5 m)

EBIT (FY, 2017)

(74.7 m)

Market capitalization (20-Apr-2018)

109.5 m

Cash (29-Jul-2017)

5.7 m
Fred's's current market capitalization is $109.5 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2017

Revenue

1.9 b2 b2.2 b2.1 b

Revenue growth, %

2%9%

Cost of goods sold

1.5 b1.6 b1.6 b

Gross profit

503.8 m544.2 m510.3 m
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

460.5 m476.2 m491.2 m498.3 m546.1 m509 m541 m549.5 m529.5 m516.6 m532.3 m507.8 m

Cost of goods sold

320.3 m352.7 m377.5 m355.8 m414.2 m372 m398.7 m408.2 m401.4 m405.4 m399.4 m381.8 m

Gross profit

140.2 m123.5 m113.7 m142.5 m131.9 m137.1 m142.3 m141.3 m128.1 m111.2 m132.9 m126 m

Gross profit Margin, %

30%26%23%29%24%27%26%26%24%22%25%25%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2017

Cash

6.7 m6.4 m5.9 m5.8 m

Accounts Receivable

Inventories

362 m315.7 m340.7 m331.8 m

Current Assets

454.6 m420 m451.4 m435.2 m
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

21.6 m7.6 m8.1 m8.2 m7 m7.1 m6.6 m6.8 m6.2 m5.7 m6.6 m5.7 m

Inventories

385.6 m352.3 m342 m382.9 m323.6 m328.4 m369.9 m350.6 m346.4 m366.6 m339.6 m322 m

Current Assets

492.9 m463.5 m440.6 m475 m441.1 m455.1 m484.6 m460 m453.1 m474.6 m456.4 m420.6 m

Goodwill

44.5 m45.6 m44.5 m41.5 m41.5 m41.5 m41.5 m41.5 m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2017

Net Income

26 m(28.9 m)(7.4 m)(66.5 m)

Depreciation and Amortization

41 m41.1 m45.7 m47 m

Inventories

(15 m)28.4 m(31 m)(13.8 m)

Accounts Payable

11.2 m15.6 m29.2 m(29.8 m)
Quarterly
USDQ3, 2013Q3, 2014Q2, 2014Q1, 2014Q2, 2015Q1, 2015Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

Net Income

7.3 m(10.4 m)(16.4 m)6.1 m(4.9 m)(29 k)1.4 m1.3 m(6.9 m)(38.4 m)(36.5 m)

Depreciation and Amortization

10.6 m10.3 m10.2 m9.8 m11.5 m10.9 m11.4 m11.6 m11.8 m12 m11.6 m

Inventories

352.3 m342 m323.6 m328.4 m369.9 m350.6 m346.4 m366.6 m339.6 m

Accounts Payable

160.2 m121.4 m161.4 m133.9 m246.9 m191.3 m145.4 m214.8 m144 m
USDY, 2017

Revenue/Employee

439 k

Financial Leverage

2.4 x
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Fred's Operating Metrics

FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018

Customer Transactions

84 m82 m81 m

Pharmacies

370 375 376 374 372 373 372 370 362 351

Product Lines

12 k12 k12 k

Stores (Franchising)

19 19 19 19 18 18 18 18 16 14
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