Fairway Group Holdings Corp. (FWM), the parent company of Fairway Market, reported that its fourth-quarter net loss to stockholders narrowed to $8.8 million or $0.21 per share from $14.4 million or $1.17 per share, last year.
On average, seven analysts polled by Thomson Reuters expected the company to report a loss per share of $0.09 for the quarter. Analysts' estimates typically exclude special items.
Net sales increased to $200.26 million, from $178.71 million, a year ago, while nine analysts expected revenue of $198.30 million for the quarter.
For comments and feedback contact: editorial@rttnews.com
Business News