High-end grocery stores on watch

|By:, SA News Editor

A cut in guidance from The Fresh Market (TFM) could create a ripple of worry in the sector with the slowdown of the company's store traffic trends standing out.

Execs with The Fresh Market noted during the firm's conference call that sales decelerated by 200 bps in the final month of the quarter - partially due to "competitive" activity. (transcript)

On watch: Whole Foods Market (WFM) -0.9% premarket, Fairway Group (FWM) -0.8%, Sprouts Farmers Market (SFM).