Smart & Final Stores Inc (SFS) Releases Earnings Results, Misses Expectations By $-0.01 EPS

Smart & Final Stores Inc (SFS) reported quarterly earnings results on Thursday, Jul-28-2016. The company reported $0.20 earnings per share for the quarter, missing the analyst consensus estimate by $-0.01. Analysts had a consensus of $0.21. The company posted revenue of $1038.28 million in the period, compared to analysts expectations of $1045.93 million. The company’s revenue was up 14.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.22 EPS.

Smart & Final Stores Inc closed down -0.14 points or -0.92% at $15.03 with 4,66,431 shares getting traded on Thursday. Post opening the session at $15.1, the shares hit an intraday low of $14.6 and an intraday high of $15.14 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Jul 6, 2016, Scott R. Drew (EVP, Operations) sold 25,000 shares at $14.90 per share price. According to the SEC, on Jun 6, 2016, David G. Hirz (President & CEO) sold 36,647 shares at $16.26 per share price. On Dec 28, 2015, Eleanor Hong (Senior VP and CMO) sold 18,415 shares at $18.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Smart & Final Stores Inc. is a food retailer serving household and business customers through two store banners: Smart & Final and Cash & Carry. The Company operates through two business segments: Smart & Final and Cash & Carry. The Smart & Final segment is based in Commerce California and includes as of December 28 2014 103 legacy Smart & Final stores and 98 Extra! format stores which focus on household and business customers and are located in California Arizona and Nevada. The Cash & Carry segment is based in Portland Oregon and includes as of December 28 2014 53 Cash & Carry stores which focus primarily on business customers and are located in Washington Oregon Northern California Idaho and Nevada.

Smart & Final Stores Inc

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