FREDS INC
Consumer Discretionary · Retail-Variety Stores · TN · SEC filings ↗ · Compare ⊕
Financials
SEC XBRL · annual| FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | |
|---|---|---|---|---|---|---|
| Revenue | $1.27B | $1.40B | $1.89B | $1.95B | $1.97B | $1.94B |
| Operating income | −$129.6M | −$131.7M | −$77.7M | −$12.9M | −$48.4M | $39.2M |
| Net income | −$13.0M | −$150.2M | −$66.5M | −$7.4M | −$28.9M | $26.0M |
| Total assets | $409.0M | $597.6M | $699.4M | $730.5M | $646.5M | $667.8M |
| Total liabilities | $243.6M | $416.5M | $362.2M | $326.3M | $230.8M | $216.2M |
| Equity | $165.5M | $181.0M | $337.2M | $404.2M | $415.6M | $451.5M |
| EPS (diluted) | $-0.36 | $-4.02 | $-1.80 | $-0.20 | $-0.80 | $0.71 |
| Shares out. | 36,510 | 37,392 | 36,876 | 36,675 | 36,313 | 36,720 |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2019- Operating margin
- −10.2%
- Net margin
- −1.0%
- Return on equity
- −7.8%
- Return on assets
- −3.2%
- Return on capital (ROCE)
- −66.5%
- Liabilities / assets
- 59.5%
- Debt / equity
- 1.47×
- Book value / share
- $4532.05
- Revenue growth (YoY)
- −8.9%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2019- Altman Z″ (distress)
- 0.60distress
- Accruals / assets
- −25.6%clean
- Beneish M-Score
- -4.22normal
- Piotroski F-Score
- 6/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 2 severe● 3 warning● 2 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue declined year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗May 1, 2020
- NT 10-Qmissed a reporting deadline ↗Dec 12, 2019
- NT 10-Qmissed a reporting deadline ↗Sep 13, 2019
- NT 10-Qmissed a reporting deadline ↗Jun 14, 2019
- NT 10-Kmissed a reporting deadline ↗Apr 19, 2019
- NT 10-Qmissed a reporting deadline ↗Sep 13, 2018
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Material events
SEC Form 8-K · most recent- Bankruptcy or receivership · Modified shareholder rightsJun 22, 2020
- Bankruptcy or receivership · Modified shareholder rights · Director / officer changeJun 10, 2020
- Regulation FD disclosureJun 2, 2020
- Regulation FD disclosureMay 1, 2020
- Regulation FD disclosureApr 7, 2020
- Regulation FD disclosureMar 11, 2020
- Regulation FD disclosureFeb 10, 2020
- Regulation FD disclosure · Other material eventJan 14, 2020
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.