Fairway Group (FWM) Misses Q1 EPS by 25c
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Fairway Group Holdings Corp. Reports First Quarter Results
August 4, 2015 4:01 PM EDTNEW YORK, Aug. 4, 2015 (GLOBE NEWSWIRE) -- Fairway Group Holdings Corp. ("Fairway") (NASDAQ: FWM), the parent company of Fairway Market, today announced financial results for its fiscal 2016 first quarter ended June 28, 2015.
First Quarter Fiscal 2016 Highlights
Net sales of $193.8 million Adjusted EBITDA of $9.1 million Gross margin of 31.5%Jack Murphy, Fairway Market's Chief Executive Officer said, "I am pleased with our performance this quarter in a number of important operational areas including our gross margin which was driven by better selling margins and improved... More
