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Fred's (STU:FR1A) Lease Obiligations (USD Mil) : 0.00 (As of . 20)


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What is Fred's Lease Obiligations (USD Mil)?

Lease Obiligations (USD Mil) accounts for the future payments for the assets that the company leased.

The historical rank and industry rank for Fred's's Lease Obiligations (USD Mil) or its related term are showing as below:

STU:FR1A's Lease Obiligations (USD Mil) is not ranked *
in the Retail - Defensive industry.
Industry Median:
* Ranked among companies with meaningful Lease Obiligations (USD Mil) only.

Fred's Lease Obiligations (USD Mil) Historical Data

The historical data trend for Fred's's Lease Obiligations (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fred's Lease Obiligations (USD Mil) Chart



Fred's  (STU:FR1A) Lease Obiligations (USD Mil) Explanation

Retail lease Obligations is the future payment obligation for the temporary use of an asset, such as building, equipment etc. Accounting rules require the company to book assets and liabilities associated with the lease, although they do not actually own the assets.


Fred's Lease Obiligations (USD Mil) Related Terms

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Fred's (STU:FR1A) Business Description

Traded in Other Exchanges
N/A
Address
4300 New Getwell Road, Memphis, TN, USA, 38118
Fred's Inc is a U.S.-based company that is principally engaged in operating retail stores. Most of the company's stores are self-owned stores, with a few franchised stores. The company's sales mix consists of pharmaceuticals, consumables, household goods and softlines, and franchise, with pharmaceuticals contributing a material portion of total revenue. The company owns 100% of the equity stake in Reeves-Sain Drug Store. The company generates revenue from merchandise sales and franchise fee from franchisees. It also sells gift cards. The company conducts operation primarily in the southeast of the United States.

Fred's (STU:FR1A) Headlines

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