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TFM $28.51

TFM target price
28.51
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The Fresh Market, Inc.
Type
Private
Industry Retail
Founded March 5, 1982
Founders Ray Berry and Beverly Berry
Headquarters Greensboro, North Carolina, U.S.
Number of locations
176 (all in USA)
Area served
Southeastern U.S.
Mid Atlantic U.S.
Midwest
Key people
Larry Appel (CEO)
Products Food
Revenue US$1.75 billion
(2014)
Operating income
US$103.6 million
(2014)
Net income
US$63 million
(2014)
Number of employees
13,000
Website thefreshmarket.com

The Fresh Market is an American chain of gourmet supermarkets based in Greensboro, North Carolina.

The Fresh Market was founded by Ray and Beverly Berry on March 5, 1982 in Greensboro, North Carolina. The Berrys' idea was to develop a better grocery store that brought back the feeling of open European-style markets. The company operates 176 stores in 24 states, located in the Southeast, Midwest, Mid-Atlantic and Northeast, with plans for continued expansion throughout the country. Their first store in the West opened in October 2012 in Roseville, California. However, in March 2014, the company announced that it was closing all three of its Sacramento area stores including its Roseville store.

In 2012, longtime family-owned Houston grocer Rice Epicurean Markets closed all but one of its five stores to make way for The Fresh Market, the Greensboro, N.C.-based specialty food chain announced (November 14, 2012). Fresh Market will remodel each location and plans to open the four stores in the latter half of next year.

After increasing the price of its initial public offering from $18–20 to $22, Fresh Market raised $290 million, and on November 5, 2010, began trading on Nasdaq using the symbol TFM.

Apollo Global Management, LLC (APO), a leading global alternative investment manager, acquired the stock of The Fresh Market, Inc. (TFM) ("The Fresh Market") as of April 27, 2016. As a result, The Fresh Market became a privately held company and The Fresh Market's common stock ceased trading on the NASDAQ.

In addition to organic milk, The Fresh Market sells grass-fed milk that is homogenized and is pasteurized to kill harmful bacteria while preserving vitamins and helpful enzymes. Meat and dairy products from grass-fed animals can produce 300-500% more conjugated linoleic acid (CLA) than those of cattle fed the usual diet of 50% hay and silage, and 50% grain.

Fresh Market operates stores in these US states:

Q reports

Period Date Adjusted Actuals EPS GAAP EPS

Ratings

2016-04-28 Reiterated Rating BMO Capital Markets Hold
2016-04-11 Reiterated Rating Wedbush Neutral $28.50
2016-04-04 Downgrade Stephens Overweight to Equal Weight $33.00 to $28.50
2016-03-24 Reiterated Rating Telsey Advisory Group Hold
2016-03-18 Downgrade Northcoast Research Buy to Neutral
2016-03-15 Boost Price Target BMO Capital Markets Market Perform $28.50
2016-03-15 Reiterated Rating Deutsche Bank Hold $27.00 to $28.50
2016-03-15 Upgrade Morgan Stanley Underweight to Equal Weight $21.00 to $28.50
2016-03-15 Reiterated Rating Deutsche Bank AG Hold $27.00 to $28.50
2016-03-14 Downgrade Bank of America Hold
2016-03-14 Downgrade BMO Capital Markets Hold
2016-03-14 Downgrade Bank of America Corp. Hold
2016-02-18 Reiterated Rating RBC Capital Sell $20.00
2016-02-18 Reiterated Rating Royal Bank Of Canada Sell $20.00
2016-02-13 Reiterated Rating Deutsche Bank Hold
2016-02-12 Reiterated Rating Piper Jaffray Neutral $25.00 to $24.00
2016-02-12 Initiated Coverage Stifel Nicolaus Hold
2016-02-12 Reiterated Rating Piper Jaffray Cos. Neutral $25.00 to $24.00
2016-02-09 Reiterated Rating Jefferies Buy $28.00
2016-02-09 Reiterated Rating Jefferies Group Buy $28.00
2016-02-08 Lower Price Target Jefferies Group Buy $28.00
2016-01-21 Lower Price Target Goldman Sachs $24.00 to $22.00
2016-01-21 Lower Price Target Goldman Sachs Group Inc. $24.00 to $22.00
2016-01-15 Downgrade Wolfe Research Market Perform to Underperform
2015-11-22 Reiterated Rating Morgan Stanley Underweight $21.00
2015-11-20 Reiterated Rating RBC Capital Underperform $23.00 to $20.00
2015-11-20 Lower Price Target Wedbush Neutral $27.00 to $26.00
2015-11-20 Lower Price Target Cowen and Company $26.00 to $24.00
2015-11-13 Reiterated Rating Jefferies Group Buy $29.00
2015-10-21 Reiterated Rating Telsey Advisory Group Hold
2015-10-20 Boost Price Target Telsey Advisory Group Market Perform $23.00 to $27.00
2015-10-20 Reiterated Rating BMO Capital Markets Market Perform $21.00 to $27.00
2015-10-20 Upgrade Credit Suisse Underperform to Neutral $22.00 to $28.00
2015-10-20 Upgrade Credit Suisse Group AG Underperform to Neutral $22.00 to $28.00
2015-10-19 Reiterated Rating Oppenheimer Market Perform $24.00
2015-10-19 Reiterated Rating Oppenheimer Holdings Inc. Market Perform $24.00
2015-10-13 Boost Price Target JPMorgan Chase & Co. Neutral $25.00 to $27.00
2015-09-15 Upgrade Jefferies Group Hold to Buy $26.00 to $29.00
2015-09-09 Upgrade Northcoast Research Neutral to Buy
2015-09-08 Upgrade Sterne Agee CRT Underperform to Neutral $20.00
2015-09-02 Reiterated Rating Oppenheimer Hold
2015-09-02 Reiterated Rating Piper Jaffray Neutral
2015-09-02 Upgrade Goldman Sachs Sell to Neutral $23.00 to $24.00
2015-08-25 Upgrade Northcoast Research Sell to Neutral
2015-08-24 Reiterated Rating Oppenheimer Hold
2015-08-24 Reiterated Rating BMO Capital Markets Hold
2015-08-24 Reiterated Rating Piper Jaffray Hold
2015-08-24 Reiterated Rating Morgan Stanley Underweight $35.00 to $21.00
2015-08-24 Reiterated Rating RBC Capital Underperform $30.00 to $23.00
2015-08-24 Lower Price Target Credit Suisse Underperform $30.00 to $22.00
2015-08-24 Lower Price Target SunTrust Neutral $35.00 to $28.00
2015-08-24 Lower Price Target SunTrust Banks Inc. Neutral $35.00 to $28.00
2015-08-22 Lower Price Target Macquarie Outperform $38.00 to $33.00
2015-08-21 Reiterated Rating Wedbush Neutral $27.00
2015-08-21 Lower Price Target JPMorgan Chase & Co. Neutral $34.00 to $25.00
2015-08-21 Lower Price Target Cowen and Company Market Perform $38.00 to $26.00
2015-08-21 Downgrade Bank of America Neutral to Underperform $23.00
2015-08-21 Lower Price Target Jefferies Group Hold $35.00 to $26.00
2015-08-21 Downgrade BB&T Corp. Buy to Hold $0.40 to $0.36
2015-08-21 Lower Price Target Oppenheimer Market Perform $34.00 to $24.00
2015-08-21 Lower Price Target BMO Capital Markets Outperform to Market Perform $44.00 to $21.00
2015-08-21 Lower Price Target Piper Jaffray Neutral $37.00 to $26.00
2015-08-21 Downgrade William Blair Outperform to Market Perform
2015-08-21 Lower Price Target Telsey Advisory Group Market Perform $36.00 to $23.00
2015-08-20 Lower Price Target Bank of America Neutral to Underperform $35.00 to $25.00
2015-08-20 Reiterated Rating Deutsche Bank Hold $35.00
2015-08-20 Lower Price Target RBC Capital Underperform $34.00 to $30.00
2015-08-18 Lower Price Target SunTrust Neutral $39.00 to $35.00
2015-08-17 Downgrade BMO Capital Markets Outperform to Market Perform $44.00 to $28.00
2015-07-02 Reiterated Rating Deutsche Bank Hold $35.00
2015-06-24 Reiterated Rating Oppenheimer Market Perform
2015-06-16 Downgrade Northcoast Research Neutral to Sell $26.00
2015-06-09 Initiated Coverage Macquarie Outperform $38.00
2015-05-29 Reiterated Rating RBC Capital Underperform $36.00 to $34.00
2015-05-28 Downgrade JPMorgan Chase & Co. Overweight to Neutral $46.00 to $34.00
2015-05-26 Upgrade Longbow Research Underperform to Neutral $31.00
2015-05-24 Reiterated Rating Oppenheimer Sector Perform $40.00 to $34.00
2015-05-24 Reiterated Rating SunTrust Neutral $42.00 to $39.00
2015-05-24 Reiterated Rating Cowen and Company Market Perform $44.00 to $38.00
2015-05-24 Reiterated Rating BB&T Corp. Buy $48.00 to $44.00
2015-05-23 Reiterated Rating Deutsche Bank Hold $40.00 to $35.00
2015-05-20 Lower Price Target RBC Capital Underperform $37.00 to $36.00
2015-05-12 Reiterated Rating Piper Jaffray Neutral $42.00 to $37.00
2015-04-27 Initiated Coverage RBC Capital Underperform $37.00
2015-03-09 Downgrade Bank of America Buy to Neutral $45.00
2015-03-06 Boost Price Target BMO Capital Markets Outperform $44.00 to $49.00
2015-03-06 Boost Price Target Longbow Research Underperform $30.00 to $32.00
2015-03-06 Boost Price Target Deutsche Bank Hold $34.00 to $40.00
2015-03-06 Boost Price Target Oppenheimer Market Perform $39.00 to $40.00
2015-01-22 Initiated Coverage Wedbush Neutral
2015-01-22 Initiated Coverage Cowen and Company Market Perform
2015-01-14 Upgrade JPMorgan Chase & Co. Neutral to Overweight $44.00
2015-01-13 Reiterated Rating Oppenheimer Market Perform
2015-01-13 Downgrade Piper Jaffray Overweight to Neutral $42.00
2014-11-24 Reiterated Rating JPMorgan Chase & Co. Hold $40.00 to $44.00
2014-11-24 Initiated Coverage Longbow Research Underperform $30.00
2014-11-21 Boost Price Target Credit Suisse Underperform $29.00 to $34.00
2014-11-07 Downgrade Northcoast Research Buy to Neutral
2014-09-19 Upgrade Wolfe Research Underperform to Market Perform
2014-08-28 Initiated Coverage Wedbush Neutral $34.00
2014-08-22 Upgrade BB&T Capital Mkts Hold to Buy $41
2014-08-22 Upgrade BB&T Corp. Hold to Buy $41.00
2014-07-17 Initiated Coverage Credit Suisse Underperform $29.00
2014-07-15 Upgrade Northcoast Research Neutral to Buy
2014-07-08 Downgrade Goldman Sachs Neutral to Sell $36.00 to $27.00
2014-06-25 Initiated Coverage Morgan Stanley Underweight $30.00
2014-05-23 Reiterated Rating Jefferies Group Hold $36.00 to $35.00
2014-05-07 Downgrade Sterne Agee CRT Neutral to Underperform $35.00 to $29.00
2014-03-04 Reiterated Rating Jefferies Group Hold $50.00 to $36.00
2014-03-03 Lower Price Target SunTrust $45.00 to $41.00
2014-02-28 Downgrade Raymond James Strong-Buy to Outperform $50.00 to $44.00
2014-02-21 Initiated Coverage Oppenheimer Market Perform $34.00
2014-02-20 Downgrade Deutsche Bank Buy to Hold $48.00 to $34.00
2014-02-20 Initiated Coverage Oppenheimer Market Perform $34.00
2014-01-28 Lower Price Target SunTrust $50.00 to $45.00
2013-12-18 Initiated Coverage Stephens Overweight
2013-11-26 Downgrade Goldman Sachs Buy to Neutral $40.00 to $50.00
2013-11-22 Reiterated Rating Deutsche Bank Buy $58.00 to $48.00
2013-11-22 Lower Price Target Raymond James $60.00 to $53.00
2013-11-22 Lower Price Target BMO Capital Markets $60.00 to $55.00
2013-11-22 Lower Price Target Jefferies Group $54.00 to $50.00
2013-11-22 Downgrade JPMorgan Chase & Co. Neutral $50.00 to $48.00
2013-11-22 Lower Price Target Telsey Advisory Group Not Rated $60.00 to $53.00
2013-11-22 Downgrade Sterne Agee CRT Buy to Neutral $59.00 to $44.00
2013-11-08 Downgrade Goldman Sachs Buy
2013-10-16 Initiated Coverage BMO Capital Markets Outperform
2013-10-15 Initiated Coverage BMO Capital Markets Outperform
2013-10-08 Initiated Coverage Jefferies Group Hold $54.00
2013-10-07 Initiated Coverage Jefferies Group Hold $54.00
2013-09-26 Initiated Coverage Deutsche Bank Buy $58.00
2013-09-25 Initiated Coverage Deutsche Bank Buy $58.00
2013-05-30 Reiterated Deutsche Bank Hold $40 to $54
2013-02-27 Initiated BB&T Capital Mkts Hold
2012-11-29 Reiterated RBC Capital Mkts Sector Perform $58 to $54
2012-04-13 Initiated Longbow Neutral
2012-03-13 Initiated UBS Buy $54
2010-12-15 Initiated William Blair Outperform
2016-04-28 Reiterated Rating BMO Capital Markets Hold
2016-04-11 Reiterated Rating Wedbush Neutral $28.50
2016-04-04 Downgrade Stephens Overweight to Equal Weight $33.00 to $28.50
2016-03-24 Reiterated Rating Telsey Advisory Group Hold
2016-03-18 Downgrade Northcoast Research Buy to Neutral

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks
Berry Brett M 0.78%  (375494) TFM /
Barry Michael 0.69%  (332120) TFM /
Carlock Craig President & CEO 0.45%  (218349) FWRD / TFM /
Klinger Lisa EVP/CFO 0.27%  (132404) EEX / TFM / VNCE /
Jones Marc SVP-Merchandising & Marketing 0.23%  (113066) TFM /
Crane Sean SVP Store Operations 0.16%  (78987) TFM /
Kelley Randy SVP Real Estate & Development 0.08%  (40087) TFM /
REA DAVID L 0.03%  (12683) TFM /