FREDS INC

Delisted

CIK 724571fmd_1XD5PP6WB8E0DAHD5ZCZR42DPARetail Trade · Retail-Variety StoresTemplate: Standard

Coverage: Feb 01, 2009 to May 04, 2019, 37 periods

Income Statement · Annual · Millions · USD
Line item	FY2010	FY2011	FY2012	FY2013	FY2014	FY2015	FY2016	FY2017	FY2018	FY2019
Total revenues	1,788	1,842	1,879	1,955	1,939	1,970	1,945	1,886	1,396	1,272
Cost of revenue	1,289	1,315	1,341	1,389	1,378	1,466	1,413	1,391	1,032	949
Gross profit	499	527	539	566	561	504	533	496	364	323
Selling, general and administrative	434	451	453	488	481	511	502	529	463	388
Operating income	38	47	51	39	39	(48)	(13)	(78)	(137)	(130)
Interest expense	0	0	1	1	0	1	1	2	6	8
Interest and investment income	0	0	0	0	0	0	–	–	–	–
Income before taxes	38	47	51	39	39	(49)	(14)	(80)	(143)	(137)
Income tax expense	15	17	17	9	13	(20)	(5)	(12)	1	0
Net income from continuing operations	24	30	33	30	26	(29)	(9)	(68)	(145)	(137)
Net income	24	30	33	30	26	(29)	(7)	(67)	(145)	(136)