The Fresh Market Inc. (TFM) reported fourth quarter EPS of $0.43 Wednesday morning, up from $0.38 in the prior year period. The consensus estimate was for EPS of $0.44. Full year 2013 EPS is expected to be between $1.51 and $1.58. The consensus estimate is for EPS of $1.68.
The Fresh Market gapped open sharply lower Wednesday, but traded in a range for the majority of the session. Shares finished down by 4.13 at $38.42, with volume at over an 8-month high. The stock has been losing ground for the last week and a half and set a new low for the year.
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