Jerry Shore - Freds CEO, Director and Member of Pharmacy Committee

CEO

Mr. Jerry A. Shore is no longer Chief Executive Officer, Director of Company., effective February 2017. Mr. Shore joined the Company in April 2000 as Executive Vice President and Chief Financial Officer. Prior to joining the Company, Mr. Shore was employed by Wangs International, a major importing and wholesale distribution company as Chief Financial Officer from 1989 to 2000, and in various financial management capacities with IPS Corporationration, and Caterpillar, Inc. from 1975 to 1989 since 2014.
Age 61
Tenure 10 years
Professional MarksCPA
Phone901 365-8880
Webwww.fredsinc.com
Shore is a CPA. He brings extensive experience with Fred’s and the retail industry as well as financial and accounting expertise to the Board.

Freds Management Efficiency

The company has return on total asset (ROA) of (4.5103) % which means that it has lost $4.5103 on every $100 spent on assets. This is way below average. Freds' management efficiency ratios could be used to measure how well Freds manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 227.83 M in liabilities with Debt to Equity (D/E) ratio of 240.8, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Freds Inc has a current ratio of 1.09, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Debt can assist Freds until it has trouble settling it off, either with new capital or with free cash flow. So, Freds' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Freds Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Freds to invest in growth at high rates of return. When we think about Freds' use of debt, we should always consider it together with cash and equity.

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Freds, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. Freds, Inc. was founded in 1947 and is headquartered in Memphis, Tennessee. Freds operates under Discount Stores classification in USA and is traded on BATS Exchange. It employs 2642 people. Freds Inc (FRED) is traded on NASDAQ Exchange in USA and employs 2,642 people.

Management Performance

Freds Inc Leadership Team

Elected by the shareholders, the Freds' board of directors comprises two types of representatives: Freds inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Freds. The board's role is to monitor Freds' management team and ensure that shareholders' interests are well served. Freds' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Freds' outside directors are responsible for providing unbiased perspectives on the board's policies.
Bryan Pugh, Chief Marketing and Merchandising Officer
Joseph Anto, CFO, Executive Vice President Secretary
Rick Chambers, Executive VP of Pharmacy Operations and Member of Pharmacy Committee
Mary McNabb, Independent Director
Michael Ladd, Chief Stores Officer
Peter Bocian, Director
Heath Freeman, Director
Michael McMillan, Independent Director
Thomas Tashjian, Independent Director
Steven Rossi, Independent Director
Ritwik Chatterjee, CFO
Rick Hans, CFO, Executive Vice President
Mary Gardner, Executive Vice President Chief Merchandising and Marketing Officer
Christopher Bodine, Director
Kimberley FeliceDooley, Senior Vice President - Merchandising - Consumables
John Foley, Executive Vice President - Store Operations
John Eisenman, Independent Director
Craig Barnes, Executive VP of Supply Chain and Global and Domestic Logistics
Michael Holligan, Executive Vice President - Store Operations
Mark Dely, Chief Legal Officer, Sr. VP, General Counsel and Secretary
Steve Wuebker, Senior Vice President - Supply Chain
Michael Hayes, Chairman of the Board
Michael Bloom, Pres and COO
Gregory Froton, Senior Vice President - Merchandising, General Merchandise
Jerry Shore, CEO, Director and Member of Pharmacy Committee
Neeli Bendapudi, Independent Director
Timothy Barton, Independent Director
Nathaniel Klein, COO
Steven Fitzpatrick, Independent Director
Linda LongoKazanova, Director
Dana Needleman, Director
Thomas Zacharias, Director
Jason Jenne, CFO, Executive Vice President Secretary

Freds Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Freds a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Freds in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Freds' short interest history, or implied volatility extrapolated from Freds options trading.

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Note that the Freds Inc information on this page should be used as a complementary analysis to other Freds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.

Other Consideration for investing in Freds Stock

If you are still planning to invest in Freds Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Freds' history and understand the potential risks before investing.
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