The Fresh Market (TFM) reported first quarter net income of $0.46 per share Wednesday morning, up from $0.40 per share last year. The consensus estimate was for EPS of $0.44. The company expects to report full year 2013 EPS of $1.51 to $1.58, compared to the consensus estimate of $1.56.
The Fresh Market gapped open higher Wednesday and has spiked to the upside in early trade. Shares are now up 6.40 at $52.76. The stock has surged to a 6-month high and has re-crossed its 200-day moving average.
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