The Fresh Market (TFM) reported third quarter net income of $0.23 per share Wednesday morning, up from $0.19 per share in the prior year period. The consensus estimate was for EPS of $0.26. Full year EPS is expected to be between $1.33 and $1.38, compared to the consensus estimate of $1.38.
The company also announced that Lisa Klinger resigned as Executive Vice President and Chief Financial Officer to accept a similar position with a private equity-backed apparel retailer. Sean Crane will assume the role of interim Chief Financial Officer.
The Fresh Market gapped open sharply lower Wednesday and is now down 10.71 at $49.53 on above average volume. The stock is now testing support, trading at a 4-month low.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.