Fred’s – Monthly Data

Monthly Data

Monthly Same-Store Sales Summary – April 2012

Fred’s reported an increase of 4.1% in net sales for April, while same-store sales fell 0.3% compared to a 1.8% gain in the same period last year. Commenting on the announcement, Bruce A. Efird, Chief Executive Officer, said, “Comparable store sales for the month were at the low end of the range we anticipated, but the 4% increase in total sales in April was at the mid-point, as new stores achieved a higher-than-expected sales performance. Our comparable stores reflected the impact of an earlier Easter holiday this year, a sharp drop-off in tobacco sales, and the continued shift of brand to generic drugs in our pharmacy department.” For the fiscal first quarter, net sales increased 3% to $500.5 million and comparable store sales fell 0.4% compared to an increase of 1.0% in the prior-year period. “Throughout the first quarter, we have been pleased with our team’s work to improve Fred’s gross margin performance and control expenses,” Efird continued. “Because of these efforts, we are well positioned to reach the high end of our earnings guidance for the first quarter, as we expect earnings per diluted share to range from $0.26 to $0.28, or an increase of 8% to 17% compared with the same quarter last year, and we remain confident in our earnings forecast for the balance of fiscal 2012.”

Fred's - Monthly Sales Growth

	Net Sales (1,000′s)	YoY % Chg	Same-Store Sales Chg
Apr-12	$ 147,600	4.1%	-0.3%
Mar-12	$ 194,000	2.7%	0.0%
Feb-12	$ 159,100	3.6%	-0.7%
Jan-12	$ 132,400	2.6%	-0.8%
Dec-11	$ 213,000	1.1%	-0.4%
Nov-11	$ 152,100	4.1%	1.5%
Oct-11	$ 136,400	4.0%	2.0%
Sep-11	$ 170,500	0.6%	1.1%
Aug-11	$ 137,800	2.6%	1.6%
Jul-11	$ 129,700	0.5%	-0.5%
Jun-11	$ 179,000	0.1%	-0.7%
May-11	$ 143,500	1.4%	0.2%
Apr-11	$ 141,800	3.1%	1.8%
Mar-11	$ 188,900	2.9%	0.7%
Feb-11	$ 153,600	2.0%	0.9%
Jan-11	$ 129,100	3.3%	2.1%
Dec-10	$ 210,600	0.6%	0.2%
Nov-10	$ 146,100	5.8%	4.7%
Oct-10	$ 131,100	2.5%	1.2%
Sep-10	$ 169,500	1.7%	0.0%
Aug-10	$ 134,300	4.9%	3.6%
Jul-10	$ 129,000	3.5%	2.7%
Jun-10	$ 178,900	2.4%	1.7%
May-10	$ 141,500	4.9%	3.5%
Apr-10	$ 137,500	0.7%	0.6%
Mar-10	$ 183,500	4.6%	3.6%
Feb-10	$ 150,600	2.9%	2.0%
Jan-10	$ 125,000	-1.0%	-2.0%
Dec-09	$ 209,300	3.9%	1.3%
Nov-09	$ 138,100	-2.6%	-3.3%
Oct-09	$ 127,900	-0.4%	0.4%
Sep-09	$ 166,600	3.8%	3.3%
Aug-09	$ 128,000	-0.9%	-1.4%
Jul-09	$ 124,600	-4.0%	-4.6%
Jun-09	$ 174,700	0.4%	0.2%
May-09	$ 134,900	-5.9%	0.2%
Apr-09	$ 136,600	-0.7%	5.0%
Mar-09	$ 175,500	-1.2%	1.9%
Feb-09	$ 146,300	-1.9%	1.8%
Jan-09	$ 126,200	-5.3%	-1.9%
Dec-08	$ 201,400	-4.0%	0.0%
Nov-08	$ 141,800	-6.2%	-1.8%
Oct-08	$ 128,400	-1.5%	1.3%
Sep-08	$ 160,500	-0.4%	1.1%
Aug-08	$ 129,200	0.2%	2.1%
Jul-08	$ 129,800	2.6%	4.6%
Jun-08	$ 174,000	4.7%	6.5%
May-08	$ 143,400	8.4%	3.4%
Apr-08	$ 137,500	8.4%	4.3%
Mar-08	$ 177,700	3.6%	1.2%
Feb-08	$ 149,200	3.8%	1.1%
Jan-08	$ 133,200	1.0%	-1.2%
Dec-07	$ 209,800	-5.3%	-1.8%
Nov-07	$ 151,100	0.4%	-4.5%
Oct-07	$ 130,400	4.4%	0.6%
Sep-07	$ 161,100	1.5%	1.0%
Aug-07	$ 129,000	3.9%	1.7%
Jul-07	$ 126,500	6.1%	0.5%
Jun-07	$ 166,200	3.9%	1.5%
May-07	$ 132,300	3.5%	0.2%
Apr-07	$ 126,800	1.2%	-2.5%
Mar-07	$ 171,600	8.5%	4.4%
Feb-07	$ 143,800	7.8%	3.9%
Jan-07	$ 163,900	17.9%	2.4%
Dec-06	$ 221,500	8.2%	2.0%
Nov-06	$ 150,500	7.3%	2.0%
Oct-06	$ 124,900	3.7%	-2.5%
Sep-06	$ 158,700	9.2%	5.0%
Aug-06	$ 124,200	11.9%	6.3%
Jul-06	$ 119,200	10.3%	4.5%
Jun-06	$ 159,900	8.0%	2.6%
May-06	$ 127,800	9.0%	2.4%
Apr-06	$ 125,300	11.7%	6.3%
Mar-06	$ 158,200	8.0%	1.0%
Feb-06	$ 133,400	7.5%	0.3%
Jan-06	$ 111,900	7.6%	0.8%
Dec-05	$ 204,700	11.1%	1.9%
Nov-05	$ 140,200	14.6%	4.5%
Oct-05	$ 120,400	11.1%	2.5%
Sep-05	$ 145,300	7.8%	-1.4%
Aug-05	$ 111,000	5.0%	-3.8%
Jul-05	$ 108,100	6.3%	-1.8%
Jun-05	$ 148,000	11.5%	2.1%
May-05	$ 117,200	10.3%	2.0%
Apr-05	$ 112,200	10.4%	1.2%
Mar-05	$ 146,500	12.3%	3.5%
Feb-05	$ 124,100	13.3%	4.1%
Jan-05	$ 104,000	11.3%	4.4%
Dec-04	$ 184,200	8.0%	-1.3%
Nov-04	$ 122,300	7.3%	-1.0%
Oct-04	$ 108,400	10.3%	3.2%
Sep-04	$ 134,800	13.2%	4.3%
Aug-04	$ 105,700	12.1%	3.4%
Jul-04	$ 101,700	9.7%	2.5%
Jun-04	$ 132,700	13.2%	4.8%
May-04	$ 106,300	15.0%	5.2%
Apr-04	$ 101,600	7.7%	1.5%
Mar-04	$ 130,400	10.7%	4.1%
Feb-04	$ 109,500	11.1%	2.1%
Jan-04	$ 93,400	12.5%	4.1%
Dec-03	$ 170,600	20.0%	7.0%
Nov-03	$ 114,000	13.9%	3.1%
Oct-03	$ 98,300	15.5%	4.0%
Sep-03	$ 119,100	17.9%	6.9%
Aug-03	$ 94,300	21.2%	7.3%
Jul-03	$ 92,700	20.1%	7.5%
Jun-03	$ 117,200	16.8%	4.6%
May-03	$ 92,400	17.3%	4.8%
Apr-03	$ 94,300	20.9%	8.1%
Mar-03	$ 117,800	20.2%	5.8%
Feb-03	$ 98,600	19.1%	6.2%
Jan-03	$ 83,000	17.4%	5.8%
Dec-02	$ 142,200	19.3%	7.5%
Nov-02	$ 100,100	19.5%	7.2%
Oct-02	$ 85,100	20.9%	10.4%
Sep-02	$ 101,000	19.8%	10.2%
Aug-02	$ 77,800	19.3%	10.4%
Jul-02	$ 77,200	18.8%	10.2%
Jun-02	$ 100,300	23.7%	14.0%
May-02	$ 78,800	21.6%	12.2%
Apr-02	$ 78,000	21.3%	10.8%