Nash-Finch Company (NASDAQ: NAFC) reports Third Quarter Results
By BenzingaStaff3
November 12, 2009 8:32 AM
November 12, 2009 8:32 AM
Symbols: NAFC
Nash-Finch Company (NASDAQ: NAFC) announced that its third-quarter earnings increased from $7.7 million to $21.9 million, or 0.58 cents a share and sales increased to $1.63 billion from $1.42 billion same period last year.
Moreover, Nash-Finch also reported that the company’s board of directors has approved buy back of around $25 million of stocks through 2010.
The 52 week trading range for NAFC is $24.94 - $46.93. Yesterday shares of Nash-Finch Company (NASDAQ: NAFC) closed at $29.73. So far in the current fiscal, NAFC declined by around 33%.
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