Fred's, Inc. - Financial and Operations Review - companiesandmarkets.com adds new report
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| companiesandmarkets.com |
2009-06-11 08:03:02 -
Fred's, Inc. - SWOT Analysis - a new market research report on companiesandmarkets.com www.companiesandmarkets.com/Summary-Company-Profile/fred´s ..
This Fred´s, Inc. - SWOT Analysis company profile is the essential source for top-level company data and information. Fred´s, Inc. - SWOT Analysis examines the companys key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
Fred´s, Inc. (Freds or ""the company"") operates a chain of discount general merchandise stores in Southeastern US. The company offer products in various categories including pharmaceuticals, apparel and linen, household goods, food and tobacco, and paper. The company is headquartered in Memphis, Tennessee and employs 9,979 people. The company recorded revenues of $1,798.8 million in the financial year (FY) ended January 2009, an increase of 1% over 2008. The operating profit of the company was $26.3 million in the FY2009, an increase of 59.9% over 2008. The net profit was $16.6 million in the FY2009, an increase of 55.3% over 2008. The strong growth in operating and net profit was because of increased sales primarily from comparable stores and new stores in FY2009 and due to the gross margin increase which was driven by a reduction in year-over-year costs associated with closing underperforming stores.
Scope of the Report
- Provides all the crucial information on Fred´s, Inc. required for business and competitor intelligence needs
- Contains a study of the major internal and external factors affectingFred´s, Inc. in the form of a SWOT analysis as well as a breakdown and examination of leading product revenue streams ofFred´s, Inc.
-Data is supplemented with details on Fred´s, Inc. history, key executives, business description, locations and subsidiaries as well as a list of products and services and the latest available statement fromFred´s, Inc.
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