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 ...
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