Monday, June 4, 2012

The Fresh Market reports significant first quarter gains

Last week The Fresh Market, which operates 116 stores in 21 states - including three in Greater Philadelphia, announced a first quarter net income increase of 43% over the same quarter one year ago.


  • Net income for the fiscal first quarter, which ended April 29, 2012, was $19.3 million.
  • Sales totaled $324.8 million, up 22.8%.
  • Comparable-store sales gained 8.2%, including a 5.7% increase in transaction count and a 2.5% increase in basket size.


The company expects to open 14-16 new stores in this fiscal year.

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