The Fresh Market's Profits Surging
October 5, 2012 | 1 min to read
The Fresh Market (TFM) has returned 49% so far this year. Furthermore, it appears to have enough potential for even further upside, as is evident from its robust long-term earnings growth projection of 23.1%.
Founded in 1981 and headquartered in Greensboro, North Carolina, Fresh Market is a specialty grocery retailer of perishable and non-perishable products such as meat, seafood, produce, deli, bakery, floral, traditional grocery and dairy products, as well as specialty foods that include coffee and candy, and beer and wine.
As of July 29, 2012, the company operated in 24 states through 121 stores. The Fresh Market, which competes with The Kroger Co. (KR) and Whole Foods Market (WFM), currently has a market cap of $2.82 billion.
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