The Fresh Market (TFM) Tops Q3 EPS by 1c

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RBC Capital Fears The Fresh Market's (TFM) Investment Strategies May Bring Negative Comp and Margin Results; Reiterates Underperform

November 20, 2015 1:43 PM EST

RBC Capital reiterated an Underperform rating on The Fresh Market (NASDAQ: TFM), and cut the price target to $20.00 (from $23.00), following the company's 3Q earnings report. TFM reported adjusted EPS of $0.23 on $433.1m of revenue, compared to consensus estimates of $0.22 and $435.7m, respectively. TFM has... More