GREENSBORO, N.C. — Shares of The Fresh Market here tumbled Wednesday after the company reported weaker than expected third-quarter earnings. The fast-growing chain reported net income growth of 19%, to $10.9 million, on sales gains of 22.1%, to $321.5 million, compared with the third quarter of a year ago. Income per share was 23 cents, vs. analyst expectations of 26 cents. Edward Aaron, an analyst with RBC Capital Markets, Denver, said the stock sell-off — shares fell by ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.