Smart & Final Stores (SFS) Misses Q2 EPS by 2c; Maintains Outlook
Get Alerts SFS Hot Sheet
Join SI Premium – FREE
Smart & Final Stores (NYSE: SFS) reported Q2 EPS of $0.14, $0.02 worse than the analyst estimate of $0.16. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.08 billion.
GUIDANCE:
Smart & Final Stores sees FY2017 EPS of $0.50-$0.52, versus the consensus of $0.49.
The Company is maintaining its previously issued guidance framework for the full year ending December 31, 2017, while narrowing the guidance range for certain elements (as noted in bold type):
5.5% - 6.0% | |
Comparable store sales growth | 1.0% - 1.5% |
Unit growth (new stores) | 15 Smart & Final Extra!4 Cash & Carry |
Relocations of existing stores to Extra! format | 3 Smart & Final stores |
Expansions or conversions of legacy stores to Extra! format | 4 to 5 Smart & Final stores |
Adjusted EBITDA | $185 - $190 million |
Adjusted net income | $39 - $41 million |
Adjusted diluted EPS | $0.50 - $0.52 |
Capital expenditures | $120 - $130 million |
Fully diluted weighted average shares | 77 million |
For earnings history and earnings-related data on Smart & Final Stores (SFS) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
- Edible Garden AG (EDBL) Reports Q2 Loss of $18.79
- Algorhythm Holdings (RIME) Tops Q2 EPS by 54c
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share