Fred's, Inc. announced unaudited earnings results for the first quarter ended May 4, 2019. For the period, the company reported net sales of $318,951,000 against $336,399,000 a year ago. Operating loss was $26,789,000 against $20,171,000 a year ago. Loss from continuing operations was $29,543,000 against $21,963,000 a year ago. Net loss was $33,940,000 against $22,011,000 a year ago. Net loss per share from continuing operations, basic and diluted was $0.84 against $0.60 a year ago. Total basic and diluted loss per common share was $0.96 against $0.60 a year ago.