The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Fresh Market's revenues will expand 20.9% and EPS will grow 31.6%.
The average estimate for revenue is $318.4 million. On the bottom line, the average EPS estimate is $0.25.
Last quarter, Fresh Market logged revenue of $313.0 million. GAAP reported sales were 21% higher than the prior-year quarter's $259.5 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.29. GAAP EPS of $0.28 for Q2 were 27% higher than the prior-year quarter's $0.22 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 34.1%, 140 basis points better than the prior-year quarter. Operating margin was 7.2%, 60 basis points better than the prior-year quarter. Net margin was 4.3%, 30 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.34 billion. The average EPS estimate is $1.41.
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 126 members out of 156 rating the stock outperform, and 30 members rating it underperform. Among 47 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 31 give Fresh Market a green thumbs-up, and 16 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Fresh Market is outperform, with an average price target of $59.56.
If you're interested in retailers like Fresh Market as investments, you should check out the retail concept that is The Motley Fool's top stock for 2012. Its founder wrote the book on big box retailing, and it's growing in increasingly important international markets. Click here for instant access to this free report.
- Add Fresh Market to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend The Fresh Market. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.