Fairway Group misses by $0.11, beats on revenue


Fairway Group (FWM): FQ4 EPS of -$0.21 misses by $0.11.

Revenue of $200.26M (+12.1% Y/Y) beats by $1.06M.

Shares +3.47% AH.

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Comments (4)
  • munsterisque
    , contributor
    Comments (24) | Send Message
     
    Strange that the stock is up, after missing on EPS
    29 May 2014, 04:16 PM Reply Like
  • Mrhy
    , contributor
    Comments (7) | Send Message
     
    I am long time customer and recently bought the stock.i think once they integrate all the expansion they will be just fine.Given the choice between whole foods and fairway,fairway is a superior store.I think they need to improve their delivery service which is not up to snuff.
    29 May 2014, 05:37 PM Reply Like
  • BearDog2
    , contributor
    Comments (59) | Send Message
     
    i shop there too and when their store opened near me i bought the stock just after the IPO took the roller-coaster ride and finally took my loss. Lucky i didn't own too much. Profit margins in this industry are so tight its difficult to understand how any "grocery store" make any money, but the real reason that Fairway doesn't meet its EPS is because they give away free lox tastes -- at the price per pound for smoked salmon its killing them. Does anyone know if their lox is from farmed or wild salmon?
    29 May 2014, 11:38 PM Reply Like
  • foodman
    , contributor
    Comments (477) | Send Message
     
    A new day! Fairway is getting their act together, reducing unnecessary expenses, implementing measures to increase worker's productivity and centralizing fresh n bakery productions, these moves will enhance consistency, quality and significantly reduce cost and waste. I believe that soon a new CEO will be introduce who will bring stability and confidence to Fairway. With the savings gained from the new implementations they will reduce prices and become competitive with their piers.
    If the new circulars does it job, it will significant improve traffic and sales at the stores (I think it will ). They are investing where needed the most, lower prices, quality products and the re-introduction of flyers and circulars (delivered to the homes ). When all of these implementations come into play the STOCK price will soar, all the shorts will cover and a $12 to $15 price will materialized. I believe that now is time to buy. Sunny day in NYC.
    2 Jul 2014, 10:01 AM Reply Like
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