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FREDS INC (FRED)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMay-04-19Feb-03-19Nov-03-18Aug-04-18May-05-18Feb-03-18Oct-28-17Jul-29-17
   10-Q8-K10-Q/A10-Q10-Q10-K10-Q/A10-Q
Revenues  319.0307.1306.4419.7336.4370.9324.3438.5
            Revenue growth  -5.2%-17.2%-5.5%-4.3%-27.5%-30.0%-37.2%-17.2%
                Unit growth  -6.6%       
Cost of goods sold  244.4235.4229.4319.2247.3278.8254.3315.8
Gross profit  74.671.777.0100.589.192.170.0122.7
            Gross margin  23.4%23.4%25.1%23.9%26.5%24.8%21.6%28.0%
Selling, general and administrative   [+]96.097.798.0112.1100.9101.7109.7139.7
Other operating expenses  0.331.7   2.5  
EBITDA   [+]-21.7-57.8-24.5-11.6-11.9-12.1-43.5-16.9
            EBITDA margin  -6.8%-18.8%-8.0%-2.8%-3.5%-3.3%-13.4%-3.9%
Depreciation and amortization  5.17.34.29.88.39.04.810.7
EBIT   [+]-26.8-65.0-28.7-21.4-20.2-21.1-48.2-27.6
            EBIT margin  -8.4%-21.2%-9.4%-5.1%-6.0%-5.7%-14.9%-6.3%
Interest expense  2.81.82.11.72.01.91.61.4
Pre-tax income  -29.5-66.8-30.7-23.2-22.2-23.0-49.9-29.1
Income taxes  0.00.40.1-0.2-0.22.30.6-0.2
            Tax rate  0.0%  1.0%0.9%  0.5%
Earnings from continuing ops  -25.1-67.2-34.3-13.5-21.9-18.3-49.1-28.3
Earnings from discontinued ops  -4.4136.03.4-9.40.0-7.0-1.4-0.6
Net income  -29.568.7-30.8-22.9-22.0-25.4-50.4-28.9
            Net margin  -9.3%22.4%-10.1%-5.5%-6.5%-6.8%-15.6%-6.6%
   
Basic EPS   [+]($0.71)($1.86)($0.93)($0.37)($0.60)($0.49)($1.30)($0.76)
Diluted EPS   [+]($0.71)($1.86)($0.93)($0.37)($0.60)($0.49)($1.30)($0.76)
   
Dividends per share   [+]      $0.06$0.06
   
Shares outstanding (basic)   [+]35.236.137.036.736.537.437.637.5
Shares outstanding (diluted)   [+]35.236.137.036.736.537.437.637.5
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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