Fred’s Inc. (FRED) missed market expectations on revenues for the second quarter of 2018. Net sales dropped 4.3% to $419.7 million versus the same period last year. The Wall Street estimate for sales was $437.1 million. Comparable store sales were down 3.5% versus a decline of 3% last year. Comp-store sales dropped 6.1% for the … Continue reading Fred’s Inc. misses Q2 revenue estimates; delivers net loss