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Stock Market & Financial Investment News

News Breaks
November 28, 2012
08:40 EDTTFMThe Fresh Market downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded The Fresh Market citing the surprise resignation of CFO Lisa Klinger and the recent slowdown in high-end consumer spending. The firm lowered its price target for shares to $54 from $64.
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May 21, 2015
16:16 EDTTFMThe Fresh Market sees FY15 adjusted EPS $1.85-$1.93, consensus $1.87
Sees total net sales growth for the 53-week fiscal 2015 of approximately 9.0%-11.0% compared to the 52-week fiscal 2014 total net sales. FY15 consensus $1.98B. Fiscal 2014 included the benefit of sales from the company’s three California stores prior to their closing. Sees FY15 comparable store sales growth of 1.0%-3.0%; An effective tax rate of 37.3% to 37.6%; CapEx $100M-$110M; Unit growth of approximately 19 new stores, with two new stores opening in the first quarter; five to six new stores opening in the second quarter; and 11 to 12 new stores opening in the second half of the year. Remodeling or refreshing 10 stores, with the majority completed in the first half of the year.
16:13 EDTTFMThe Fresh Market reports Q1 adjusted EPS 50c, consensus 49c
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15:01 EDTTFMNotable companies reporting after market close
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May 8, 2015
11:44 EDTTFMSprouts Farmers Markets tumbles after Q1 results miss expectations, SSS slows
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