22.47 0.00 (0.00%)
After hours: 4:16PM EDT
|Bid||21.00 x 4000|
|Ask||23.50 x 900|
|Day's Range||21.95 - 22.50|
|52 Week Range||17.55 - 28.29|
|PE Ratio (TTM)||17.09|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The store, first announced in March, will be Sprouts' second in the state and takes over the space once occupied by retailer hhgregg.
The Fresh Market, Inc. announced Monday that it plans to close 15 of its approximately 160 stores in Georgia, Illinois, Indiana, Kentucky, North Carolina, New Hampshire, Tennessee, Virginia and Wisconsin, but none in the Triad. According to the Greensboro-based supermarket chain, the decision was made after an organizational analysis and careful consideration of the company's growth strategy and long-term financial performance. The announcement said the company does not expect more store closures in the foreseeable future. Owned by Apollo Global Management (NYSE: APO), a private equity firm, Fresh Market is in a tough national battle with Whole Foods, now owned by Amazon (NASDAQ: AMZN), and the rapidly growing Sprouts Farmers Market (NASDAQ: SFM) chain, which has its first Triad location planned in Westridge Square in Greensboro.
Weight Watchers stock has rallied tremendously in the last few years. The company reported significantly better than expected first-quarter results, citing strong recruitment trends. Furthermore, the company predicted that its overall revenue would surge almost 20% in fiscal 2018.
Chief Development Officer Ted Frumkin is leading the grocery chain's expansion to Washington state, where it will be the newest player in the Puget Sound region's booming natural, organic and specialty foods market.
Kroger (KR) investors were having a tough time until the company released its first-quarter results. After plunging ~20% in 2017, Kroger stock had fallen ~5% YTD (year-to-date) by June 20.
The newest competitor in the Pacific Northwest natural and organic grocery market could push down prices.
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Sprouts Farmers Market Inc (NASDAQ:SFM) with a market-capitalization of US$2.77b, rarely draw their attention. However, generally ignoredRead More...
Kroger (KR) will report earnings on Thursday, but will Walmart's (WMT) more aggressive pricing strategy take a bite out of results? Jefferies' Christopher Mandeville takes a look at pricing in the food-retail space, and found that a price war is heating up in Phoenix. Although his survey data doesn't cover customized promotions and fuel rewards, he found that quarter-over-quarter trends showed that Walmart is pulling ahead of Kroger (and others) in terms of the lowest prices.
Consumers are staying home more than ever before and, increasingly, even when they're eating out, they're eating in. How can you invest in America's growing appetite for delivery?
The ratings on the five P&I Classes were affirmed because the transaction's key metrics, including Moody's loan-to-value (LTV) ratio, Moody's stressed debt service coverage ratio (DSCR) and the transaction's Herfindahl Index (Herf), are within acceptable ranges. Moody's rating action reflects a base expected loss of 4.2% of the current balance. Moody's provides a current list of base expected losses for conduit and fusion CMBS transactions on moodys.com at http://www.moodys.com/viewresearchdoc.aspx?docid=PBS_SF215255.
The store at 803 Goucher Blvd. in Towson will host a hiring fair June 14 and is looking to bring on 150 employees.
Although shares of Sprouts Farmers (SFM) have plunged since its first quarter earnings release, the company is leaving no stone unturned to drive revenues.
Amin Maredia, CEO of Sprouts Farmers Market, appeared on CNBC Wednesday morning, explaining how the Phoenix-based specialty grocery operates in a competitive grocery sector. Maredia, who was interviewed by Squawk Box co-anchor Becky Quick, started off by talking about how Sprouts (NASDAQ: SFM) uses the center of its stores differently than most grocery stores. This has been one of the major issues that has set Sprouts apart from other super markets over the years.
Dollar General Corp. (NYSE:DG) is learning this lesson the hard way. After a disappointing first-quarter earnings report, DG stock plummeted 9.4%. Needless to say, the substandard performance shocked Wall Street.
The Zacks Analyst Blog Highlights: Herbalife, United Natural, Natural Grocers and Boston Beer
Westwood Financial purchased the property on the southeast corner of Dobson and Ray Roads in Chandler, from West Valley Properties.
Investors looking for decades of growth should consider this e-commerce platform, law enforcement equipment specialist, and a natural grocer.
The Organic Trade Association’s annual survey of the U.S. food marketplace showed a record $45.2 billion in sales of organics in 2017, up 6.4% from a year earlier. Conventional food sales eked out a 1.1% gain. Some companies, including United Natural Foods and Sprouts, are growing rapidly as consumers prefer healthier and tastier foods.
By Lisa Baertlein and Melissa Fares LOS ANGELES/NEW YORK (Reuters) - U.S. grocery delivery company Instacart suffered a new setback on Thursday when Kroger Co (KR.N), one of its major U.S. customers, announced ...
Small-cap and large-cap companies receive a lot of attention from investors, but mid-cap stocks like Sprouts Farmers Market Inc (NASDAQ:SFM), with a market cap of US$2.89B, are often out ofRead More...
Despite the first-quarter earnings beat, Sprouts Farmers Market’s (SFM) stock was trashed in the market. As we discussed in Part 2 of this series, SFM missed analyst expectations for same-store sales. “As of May 1, we also discontinued our Amazon Prime Now home delivery partnership out of our existing 15 stores.