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Thursday, November 19, 2015

==The Fresh Market (TFM) reported earnings Thu 19 Nov 2015 (after close)

** charts before earnings **



** charts after earnings **



The Fresh Market beats by $0.01, narrows FY15 revs guidance in-line with consensus; lowers top end of FY15 EPS guidance :
  • Reports Q3 (Oct) earnings of $0.23 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.22; revenues rose 3.3% year/year to $433.12 mln vs the $436.02 mln Capital IQ Consensus.
  • Comparable store sales decreased 3.7% to $386.5 million from the third quarter of fiscal 2014.
  • Co issues in-line guidance for FY16, sees EPS of $1.55-1.60, excluding non-recurring items, (narrowed from $1.55-1.65) vs. $1.60 Capital IQ Consensus Estimate; sees FY16 revs of +5.5-6.5% (~$1.85-1.87 bln, narrowed from prior guidance of+5-7%) vs. $1.87 bln Capital IQ Consensus Estimate. Co sees FY15 comparable store sales of -2.0% to -2.6%.

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