Freds is one of the most successful companies in the Food & Drug Stores sector. As of the year 2018, it generated revenues of $2,064 million (-2.90% year-over-year change). Reported profit was of ($140.30) million. The current CEO Joseph M. Anto (Interim Chief Executive Officer & Director) currently manages more than 7,324 employees. The company's headquarters is located in Memphis, TN. Yes, Freds is a Fortune 1000 company. Its current rank is top 942 US company. It is new to Fortune list of top companies.

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