The Fresh Market(TFM)- NASDAQ
  • Fri, Apr. 22, 9:10 AM
    | Fri, Apr. 22, 9:10 AM | 1 Comment
  • Mon, Mar. 14, 7:43 AM
    • Shares of The Fresh Market (NASDAQ:TFM) soar in early trading after the company agrees to a cash tender offer from P-E firm Apollo Global Management (NYSE:APO).
    • The P-E firm will pay $28.50 per share for the grocery store chain for a deal price of $1.36B.
    • Under the terms of the deal, The Fresh Market has 21 days to solicit other offers, putting Kroger (NYSE:KR) on a short clock.
    • Previously: Reuters: Apollo nears deal to acquire The Fresh Market (Mar. 13 2016)
    • TFM +22.93% premarket to $28.25.
    | Mon, Mar. 14, 7:43 AM | 2 Comments
  • Sun, Mar. 13, 5:37 AM
    • Private equity firm Apollo Global Management (NYSE:APO) is nearing a deal to acquire The Fresh Market Inc (NASDAQ:TFM) for $28.50 per share in cash, or more than $1.3B, in a move that could derail bids from Kroger (NYSE:KR), KKR, and TPG Capital.
    • Sources told Reuters that an agreement could be announced as early as Monday, but cautioned that a deal had not yet been finalized and was still possible to be amended or fall apart at the last minute.
    | Sun, Mar. 13, 5:37 AM | 18 Comments
  • Fri, Feb. 12, 9:26 AM
    • Stifel Nicolaus sets its sights on the grocery store sector after yesterday's dramatic report of Kroger's (NYSE:KR) interest in a buyout of The Fresh Market (NASDAQ:TFM).
    • The investment firm gives Kroger a Buy rating and $45 price target after digesting the consolidation potential. Kroger's M&A spree over the last few years already includes Roundy's, Vitacost, and Harris Teeter - although management has been credited with successful integration strategies.
    • Investors have been rewarded from Kroger's growth push with shares of the grocery store chain outperforming the S&P 500 Index by a wide margin (+215% vs. +36% over 5 years).
    • Sprouts Farmers Market (NASDAQ:SFM) is also given a Buy rating from Stifel and assigned a PT of $27.
    • Previously: The Fresh Market closes +22% on buyout spike, more room to run? (Feb. 11 2016)
    • SFM +2.1% premarket to $22.55 vs. a 52-week range of $16.41 to $38.45.
    • TFM +1.81% premarket to $23.09 vs. a 52-week range of $17.81 to $42.09.
    • WFM +1.90% premarket to $29.48 vs. a 52-week range of $28.07 to $57.57.
    • KR +1.95% premarket to $37.14 vs. a 52-week range of $27.32 to $42.75.
    | Fri, Feb. 12, 9:26 AM | 1 Comment
  • Thu, Feb. 11, 4:11 PM
    | Thu, Feb. 11, 4:11 PM | 5 Comments
  • Thu, Feb. 11, 1:59 PM
    • Shares of The Fresh Market (TFM +7.6%) have been halted after Reuters reports Kroger (KR -1.7%) is seeking to acquire the company.
    | Thu, Feb. 11, 1:59 PM | 18 Comments
  • Oct. 20, 2015, 8:38 AM
    • The Fresh Market (NASDAQ:TFM) resumes trading after announcing it will start a strategic review.
    • Shares are up 2.43% premarket to $27.77 in early trades. Some traders think that The Fresh Market already has a healthy M&A premium baked into share price.
    • An interest question on The Fresh Market is what public company might take a look at an acquisition. In the past, Kroger (NYSE:KR) has been thrown out as a grocery store operator that could drive some synergies. SA users may have their own ideas in the comment stream.
    • Previously: The Fresh Market halted (Oct. 20 2015)
    • Previously: The Fresh Market to conduct strategic review (Oct. 20 2015)
    | Oct. 20, 2015, 8:38 AM | 16 Comments
  • May 14, 2015, 9:47 PM
    • Consolidation in the grocery industry could pick up even more, observes Supermarket News.
    • A large merger between Albertsons and Safeway (NYSE:SWY) has been followed by talks between Delhaize (NYSE:DEG) and Ahold (OTCQX:AHONY).
    • The increased push by Wal-Mart and Target in the sector has added pressure to leverage store growth through M&A.
    • "There is mounting pressure in the supermarket industry to consolidate operations to drive better purchasing power and leverage distribution and technology platforms," notes Wolfe Research.
    • Kroger (NYSE:KR) is seen as a likely candidate to look for a chain to acquire.
    • Previously: Ahold, Delhaize confirm merger talks (May 12)
    • Grocery stocks: RNDY, SVU, VLGEA, WFM, CASY, IMKTA, OTCPK:PUSH, TFM, SFM, WMK.
    | May 14, 2015, 9:47 PM | 8 Comments
Company Description
The Fresh Market, Inc. provides grocery stores. Its perishable product category include meat, seafood, produce, deli, bakery, floral, sushi and prepared foods; and non perishable product category consists of traditional grocery, frozen and dairy products as well as bulk, coffee and candy, beer... More
Sector: Services
Industry: Grocery Stores
Country: United States