Fresh Market Q3 Profit Rises, EPS Flat, Cuts FY13 Outlook - Quick Facts

(RTTNews) - The Fresh Market, Inc. (TFM) Thursday reported third-quarter profit of $11.1 million, up from $10.9 million in the corresponding period last year. On a per-share basis, earnings were $0.23, flat with last year.

On average, 19 analysts polled by Thomson Reuters expected the company to earn $0.26 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $364.46 million from $321.49 million last year. Analysts expected sales of $378.57 million.

Looking ahead, the company currently projects earnings in the range of $1.42 to $1.47 per share, down from its previous guidance range of $1.50 to $1.55 per share. Analysts currently expect full-year earnings of $1.53 per share.