Specialty grocery stores slump on margin concerns

|By:, SA News Editor

A harsh downgrade from Goldman Sachs on The Fresh Market has soured the mood in the specialty grocery store sector.

Heightened pricing competition and increasing input costs could make it hard for the companies to meet earnings estimates this quarter, warn analysts.

On the move: Whole Foods Market (WFM) -1.5%, Fairway Group (FWM) -4.2%, Sprouts Farmers Market (SFM) -1.7%.