Smart & Final Stores (NYSE: SFS) reported Q3 EPS of $0.22, in-line with the analyst estimate of $0.22. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.23 billion.

The Company's Board of Directors has authorized a share repurchase program of up to $25 million of the Company's common stock, to be financed from cash on hand and executed over a period of time. The Company expects any repurchases under the program to commence no earlier than November 16, 2015 and to occur over the following twelve months.

OutlookThe Company currently expects to achieve the following results for its 2015 Fiscal Year (ending January 3, 2016):

	Fiscal Year Ending January 3, 2016
Net sales growth	11% - 12%
Comparable store sales growth	3.5% - 4.5%
Unit growth (net new stores)	20 Smart & Final Extra! 2 Cash & Carry
Relocations of existing stores	3 Smart & Final 1 Cash & Carry
Conversions of legacy stores to the Extra! format	6 stores
Adjusted EBITDA	$190 - $192 million
Adjusted net income	$51 - $53 million
Adjusted diluted EPS	$0.67- $0.70
Capital expenditures	$135 - $145 million
Basic weighted average shares	73.1 million
Fully diluted weighted average shares	76.6 million

For earnings history and earnings-related data on Smart & Final Stores (SFS) click here.