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, but traded in a range for the bulk of the session. Shares finished up by 3.93 at $50.29 on strong volume. The stock closed challenging resistance, trading at a 3 1/2 month high.
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