New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 8, 2014
12:45 EDTWFM, FWM, TFM, SFMThe Fresh Market sinks after Goldman downgrade to Sell
Shares of supermarket chain The Fresh Market (TFM) are tumbling after Goldman Sachs downgraded the stock, citing stronger competition and inflation, among other factors. WHAT'S NEW: Goldman analyst Stephen Grambling downgraded The Fresh Market to Sell from Neutral in a note to investors earlier today. The company is facing more competition in the specialty grocery space, along with rising meat costs and headwinds from the Affordable Care Act, Grambling stated. As a result of these factors, The Fresh Market's profits are likely to come in below its guidance, warned Grambling. The analyst slashed his price target on the name to $27 from $36, but estimated that the stock could drop 18% below his new target. PRICE ACTION: In early afternoon trading, The Fresh Market sank 3.6% to $31.48. Other supermarket chains also declined, with Whole Foods (WFM) dropping 2% to $38, Sprouts Farmers (SFM) losing 2.2% to $31.86, and Fairway Group (FWM) sliding 5% to $6.
News For TFM;WFM;SFM;FWM From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 19, 2015
16:15 EDTTFMThe Fresh Market sees FY15 adjusted EPS $1.55-$1.60, consensus $1.60
Subscribe for More Information
16:13 EDTTFMThe Fresh Market reports Q3 adjusted EPS 23c, consensus 22c
Subscribe for More Information
08:59 EDTTFMThe Fresh Market volatility elevated into Q3 and outlook
Subscribe for More Information
November 18, 2015
09:54 EDTWFMWhole Foods says 'bullish' on opportunities to build stores
Subscribe for More Information
09:15 EDTSFMSprouts Farmers Markets sees mid-term adjusted EPS growth of 14%-18%
Subscribe for More Information
November 13, 2015
08:05 EDTTFMRoundy's buyout shows Fresh Market undervalued, sayst Jefferies
Jefferies analyst Mark Wiltamuth says Kroger's (KR) acquisition of Roundy's (RNDY) reaffirms his view that The Fresh Market (TFM) is undervalued. Fresh Market shares trade at 6 times EV/EBITDA, below the 6.9 times EV/EBITDA paid by Kroger for Roundy's, and the company has a "superior" margin, free cash flow and growth profile, Wiltamuth tells investors in a research note. With a new CEO exploring strategic options, either a "buyout or a new turnaround effort are brewing" for Fresh Market, the analyst contends. He keeps a Buy rating on the stock with a $29 price target.
November 11, 2015
10:17 EDTWFMOptions with decreasing implied volatility
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use