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FREDS INC (FRED)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsFeb-02-19Feb-03-18Jan-28-17Jan-30-16Jan-31-15Feb-01-14Feb-02-13Jan-28-12
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues  1,271.71,395.81,886.21,945.21,970.01,939.21,955.31,879.1
            Revenue growth  -8.9%-26.0%-3.0%-1.3%1.6%-0.8%4.1%2.0%
Cost of goods sold  948.81,032.11,390.61,412.61,466.31,378.41,388.91,340.5
Gross profit  323.0363.8495.7532.6503.8560.8566.3538.5
            Gross margin  25.4%26.1%26.3%27.4%25.6%28.9%29.0%28.7%
Selling, general and administrative  388.0463.0529.3502.4511.1480.6487.7453.2
Other operating expenses  33.22.5      
EBITDA   [+]-98.3-101.7-33.630.2-7.480.278.685.3
            EBITDA margin  -7.7%-7.3%-1.8%1.6%-0.4%4.1%4.0%4.5%
Depreciation  21.524.726.026.828.928.927.423.7
EBITA  -119.8-126.4-59.73.4-36.351.351.261.7
            EBITA margin  -9.4%-9.1%-3.2%0.2%-1.8%2.6%2.6%3.3%
Amortization of intangibles  9.810.618.016.312.112.112.110.5
EBIT   [+]-129.6-137.0-77.7-12.9-48.439.239.151.2
            EBIT margin  -10.2%-9.8%-4.1%-0.7%-2.5%2.0%2.0%2.7%
Interest expense, net   [+]7.66.32.31.40.50.50.50.4
Pre-tax income  -137.1-143.3-80.0-14.4-48.938.738.550.8
Income taxes  0.11.2-11.9-5.4-20.012.78.917.3
            Tax rate    14.8%37.7%40.9%32.8%23.1%34.1%
Earnings from continuing ops  -261.4-138.9-68.1-8.9-28.926.029.633.4
Earnings from discontinued ops  124.2-5.61.61.6    
Net income  -137.2-144.5-66.5-7.4-28.926.029.633.4
            Net margin  -10.8%-10.4%-3.5%-0.4%-1.5%1.3%1.5%1.8%
   
Basic EPS   [+]($7,159.65)($3.71)($1.85)($0.24)($795.97)$0.71$0.81$0.88
Diluted EPS   [+]($7,159.65)($3.71)($1.85)($0.24)($0.80)$0.71$0.81$0.87
   
Dividends per share   [+] $0.18$0.24$0.24$243.60$0.24$0.43$0.20
   
Shares outstanding (basic)   [+]0.037.436.936.70.036.636.638.2
Shares outstanding (diluted)   [+]0.037.436.936.736.336.736.738.3
   
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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