Fred's (FRED -1.1%) says it sees FQ4 earnings coming in at the low to midpoint of its previously...

|By:, SA News Editor

Fred's (FRED -1.1%) says it sees FQ4 earnings coming in at the low to midpoint of its previously issued guidance range after December sales were hit by unseasonably warm weather. Same-store sales dropped off 0.4% in December, missing the 1.8% mark of analysts by a wide margin.