Fred's, Inc. announced unaudited financial results for the third quarter and nine months ended November 3, 2018. For the quarter, the company reported net sales of $306,413,000 against $324,329,000 a year ago. Operating loss from continuing operations was $28,673,000 against $48,224,000 a year ago. Loss from continuing operations before income taxes was $30,746,000 against $49,871,000 a year ago. Net loss was $27,379,000 against $51,815,000 a year ago. Net loss per share from continuing operations, basic and diluted were $0.83 against $1.35 a year ago. For nine months, the company reported net sales of $964,654,000 against $1,024,980,000 a year ago. Operating loss from continuing operations was $64,522,000 against $115,918,000 a year ago. Loss from continuing operations before income taxes was $70,303,000 against $120,289,000 a year ago. Net loss was $81,694,000 against $117,793,000 a year ago. Net loss per share from continuing operations, basic and diluted were $1.91 against $3.18 a year ago.