Market Overview

UPDATE: Fairway Group Posts Wider FQ1 Net Loss


Fairway Group Holdings (NASDAQ: FWM) posted a wider fiscal first-quarter loss.

Fairway Group posted a quarterly loss of $27.9 million, or $2.11 per share, versus a year-eralier loss of $3.9 million, or $0.86 per share. Excluding one-time items, its adjusted net loss came in at $2.4 million.

Its revenue climbed 21% to $187 million, versus analysts' estimates of $188 million.

Fairway Group's same-store sales increased 1.4%.

Fairway Group shares closed at $25.83 yesterday.

Posted-In: lossEarnings News


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