The Fresh Market misses by $0.01, Revenues In-Line

The Fresh Market (NYSE:TFM) reported fiscal third quarter earnings of $0.19, a one-cent miss, on revenues of $263.3 million in line with estimates of $265.

Craig Carlock, President and Chief Executive Officer said, "We are excited to report another solid quarter of sales and earnings growth. Our comparable store sales grew 5.5% in the quarter, making it both our best quarter of this fiscal year and our eighth consecutive quarter of comparable store sales growth of 4.0% or greater. We were also able to maintain our operating margin of 5.5% this quarter despite pressure from rising food and commodity costs and despite the additional costs incurred related to being a publicly-traded company."

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