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Fred's Inc (FRED) Files 10-K for the Fiscal Year Ended on January 31, 2017

- By insider

Fred's Inc (FRED) files its latest 10-K with SEC for the fiscal year ended on January 31, 2017. Fred's Inc through its subsidiaries sells general merchandise through its retail discount stores and full service pharmacies. Fred's Inc has a market cap of $569.800 million; its shares were traded at around $15.03 with and P/S ratio of 0.27. The dividend yield of Fred's Inc stocks is 1.61%.

For the last quarter Fred's Inc reported a revenue of $529.7 million, compared with the revenue of $554.6 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $2.1 billion, a decrease of 1.2% from the previous year. For the last five years Fred's Inc had an average revenue growth rate of 2.7% a year. The reported loss per diluted share was $1.8 for the year, compared with the loss per share of $0.71 in the previous year. The Fred's Inc had an operating margin of -3.51%, compared with the operating margin of -0.48% a year before. The 10-year historical median operating margin of Fred's Inc is 2.01%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Fred's Inc has the cash and cash equivalents of $5.83 million, compared with $5.92 million in the previous year. The long term debt was $128.4 million, compared with $52.5 million in the previous year. Fred's Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $15.03, Fred's Inc is traded at close to its historical median P/S valuation band of $16.35. The P/S ratio of the stock is 0.27, while the historical median P/S ratio is 0.28. During the past 12 months, the stock gained 8.13%.

For the complete 20-year historical financial data of FRED, click here.

This article first appeared on GuruFocus.