Sales slow in Q1 for Fresh Market

The Fresh Market on Thursday reported softer than expected sales for the fiscal first quarter, although earnings met expectations.

The Greensboro, N.C.-based retailer said comps decreased by 0.1% affected in part by store closures due to winter storms in the period as well as lapping a period of heavy promotional spending in the same period a year ago.

Total sales improved by 7.2% to $462 million, while net earnings of $15.2 million were down by 8.5% from the same peri

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