Seeking Alpha

The Fresh Market higher on 'cautious' approach

  • Shares of The Fresh Market (TFM) advance in early trading despite an earnings miss by the company yesterday.
  • The grocery store operator set Q1 expectations a bit below Street estimates, but its FY14 EPS forecast of $1.56-$1.66 is well-above consensus.
  • Investors seemed cheered by word from the company during its conference call that it will take a more "cautious" approach to expansion.
  • Earnings call transcript
  • TFM +2.7% premarket
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