The Fresh Market (NASDAQ:TFM) IPO'd in November 2010 at a price around $32: sales were $974 million in 2010 and cash provided by operations was around $111 million. As of the press release yesterday, the shares trade at around $31.92 and the company has TTM sales of $1,574 million and TTM cash from operations is running at about $150 million.
The shares have taken a number of hits after peaking at around $57 a share in late 2012. The observations we will discuss below will outline the prospects for the company.
For our part, the whole thing is pretty simple. The company's results suggest that its model works. It has a very strong prospect for future growth....
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|