Why Smart & Final Stores, Inc. Stock Jumped Today [The Motley Fool]
SMART & FINAL STORES INC (SFS)
Last smart & final stores inc earnings: 5/1 07:00 am
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Source: The Motley Fool
Investors celebrated comparable-store sales turning positive. Daniel Sparks ( TMFDanielSparks ) Jul 26, 2017 at 1:12PM What happened Shares of food retailer Smart & Final Stores ( NYSE:SFS ) jumped as much as 19.8% on Wednesday following the company's second-quarter earnings release. As of 12:54 p.m. EDT, the stock was up 12.3%. So what For the second quarter, Smart & Final reported adjusted EPS of $0.14 on revenue of $1.08 billion. While adjusted EPS was slightly below the consensus analyst estimate for $0.16, sales were in line with expectations. Image source: Getty Images. Investors likely had low expectations going into Smart & Final's second-quarter earnings report. Shares were down 44% year to date before Smart & Final reported second-quarter results. Even after the stock's rise today, shares are down well over 30% since the be
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