Fairway Group Holdings (FWM) PT, Estimates Raised at Jefferies
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Fairway Group Holdings Corp. Reports Fourth Quarter Results
May 26, 2015 4:01 PM EDTNEW YORK, May 26, 2015 (GLOBE NEWSWIRE) -- Fairway Group Holdings Corp. ("Fairway") (Nasdaq: FWM), the parent company of Fairway Market, today announced financial results for its fiscal 2015 fourth quarter ended March 29, 2015.
Fourth Quarter Fiscal 2015 Highlights
Net sales of $199.1 million Adjusted EBITDA of $12.3 million Gross margin of 32.2% Signed lease for new store in Brooklyn, New York"During the fourth quarter, we made significant progress in a number of key operating disciplines and were able to deliver quarter-sequential EBITDA improvement, even with lower sales volumes and added... More
