Fairway Group (FWM) Misses Q2 EPS by 2c
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Fairway Group Holdings Corp. Reports Second Quarter Results
October 29, 2015 4:04 PM EDTNEW YORK, Oct. 29, 2015 (GLOBE NEWSWIRE) -- Fairway Group Holdings Corp. ("Fairway") (NASDAQ: FWM), the parent company of Fairway Market, today announced financial results for its fiscal 2016 second quarter ended September 27, 2015.
Second Quarter Fiscal 2016 Highlights
Net sales of $179.8 million Adjusted EBITDA of $5.6 million Gross margin of 30.9% Cash and Cash Equivalents of $29.9 millionJack Murphy, Fairway Market's Chief Executive Officer said, "Despite the seasonal challenges of our lowest volume quarter, we continued to see tangible progress... More
