Peter Bocian - Freds Director
Director
Mr. Peter J. Bocian serves as an independent Director of the Company. Pete Bocian brings to the Board extensive executive expertise in the retail and technology sectors, with a track record of creating substantial value at a number of highly recognized global companies. He has significant financial, accounting and technology expertise. Bocian has served in Csuite or executive level finance and administrative roles at NCR, Starbucks, HewlettPackard, JPMorgan Chase and Safeway, where he most recently served as Executive Vice President and CFO until 2015. Bocian has extensive experience with leading retail companies, including CFO positions at Safeway and Starbucks, and a 24year career at NCR, a company with significant focus on technology and POS systems for the retail, banking, airline and hospitality industries. Bocian helped deliver significant increases to shareholder value during his CFO tenure at NCR. Most recently, Bocian was the Chief Financial Officer of Safeway, where the company delivered strong returns during his approximately two year tenure. Bocian played a leadership role in rationalizing the portfolio to create more value and in the eventual sale and merger with Albertsons. since 2017.
| Age | 61 |
| Tenure | 7 years |
| Phone | 901 365-8880 |
| Web | www.fredsinc.com |
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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Management Performance
| Return On Equity | -7.0E-4 | |||
| Return On Asset | -4.51 |
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.
| Return On Equity | -7.0E-4 | |||
| Return On Asset | -4.51 | |||
| Profit Margin | (1.58) % | |||
| Operating Margin | (7.98) % | |||
| Current Valuation | 223.59 M | |||
| Shares Outstanding | 35.24 M | |||
| Shares Owned By Insiders | 5.01 % | |||
| Shares Owned By Institutions | 64.62 % | |||
| Number Of Shares Shorted | 5.26 M | |||
| Price To Earning | (41.93) X |
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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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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