For the first quarter, The Fresh Market reported earnings of 43 cents a share, in-line with estimates from analysts surveyed by Thomson Reuters. Revenue grew 17.6% from the year-ago quarter to $431 million. Analysts expected revenue of $419.85 million.
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Looking forward to the full-year 2014 The Fresh Market expects EPS of $1.56 to %1.66 a share.
TheStreet Ratings team rates FRESH MARKET INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:
"We rate FRESH MARKET INC (TFM) a HOLD. The primary factors that have impacted our rating are mixed -- some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and premium valuation."
Highlights from the analysis by TheStreet Ratings Team goes as follows: