TFM, FWM

Fresh Market Inc (The)

Consumer


Presented:11/26/2013
Price:$39.97
Cap:$1.93B
Current Price:$28.51
Cap:$1.34B

Presented

Date11/26/2013
Price$39.97
Market Cap$1.93B
Ent Value$1.97B
P/E Ratio31.63x
Book Value$6.79
Div YieldN/A
Shares O/S48.22M
Ave Daily Vol740,000
Short Int10.20%

Current

Price$28.51
Market Cap$1.34B
The Fresh Market, Inc. operates as a specialty grocery retailer in the United States. The company offers various perishable product categories, including meat, seafood, produce, deli, bakery, floral, sushi, and prepared foods; and non-perishable product categories, such as traditional grocery and dairy products, as well as bulk, coffee and candy, beer and wine, and health and beauty products. As of November 21, 2013, it operated 149 stores in 26 states. The company was founded in 1981 and is headquartered in Greensboro, North Carolina.

Highlights

The presenter is short shares of The Fresh Market (TFM) and Fairway Group (FWM) on the thesis that increasing competition in the natural and organic foods retail industry does not favor the smaller box out of which these companies operate. With Whole Foods an already formidable incumbent in the space, increasingly more big box retailers are seeking to enter the market.

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Idea Discussion

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