What to Expect from Fresh Market

Seth Jayson, The Motley Fool
Updated

Fresh Market (NAS: TFM) is expected to report Q2 earnings around Aug. 29. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Fresh Market's revenues will expand 18.7% and EPS will grow 22.7%.

The average estimate for revenue is $308.1 million. On the bottom line, the average EPS estimate is $0.27.


Revenue details
 Last quarter, Fresh Market notched revenue of $324.8 million. GAAP reported sales were 23% higher than the prior-year quarter's $264.5 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, EPS came in at $0.40. GAAP EPS of $0.40 for Q1 were 43% higher than the prior-year quarter's $0.28 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 34.7%, 80 basis points better than the prior-year quarter. Operating margin was 9.7%, 90 basis points better than the prior-year quarter. Net margin was 5.9%, 80 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $1.32 billion. The average EPS estimate is $1.38.

Investor sentiment
 The stock has a two-star rating (out of five) at Motley Fool CAPS, with 120 members out of 148 rating the stock outperform, and 28 members rating it underperform. Among 45 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 31 give Fresh Market a green thumbs-up, and 14 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fresh Market is outperform, with an average price target of $51.00.

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The article What to Expect from Fresh Market originally appeared on Fool.com.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend The Fresh Market. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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