US speciality retailer The Fresh Market booked a jump in third-quarter sales and earnings this morning (28 November).

The Fresh Market said net sales rose 22.1% in the three months to 28 October, climbing to US$321.5m as new store openings and same-store sales growth contributed to the top line. Comparable sales rose 5.6% and the company opened six new locations in the period.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Net income rose 19% to $10.9m and EPS increased 18.5%, the company revealed.

In a separate announcement yesterday, the group said finance chief Lisa Klinger will leave the company next month, having accepted a “similar position” with a private equity-backed clothing retailer.

The Fresh Market said it plans to commence a recruitment process to appoint a successor. In the meantime, EVP and COO Sean Crane will take over as interim CFO, while VP and controller Jeff Short will act as interim principal accounting officer.

Shares in the group closed slightly down on the news yesterday, dropping from an open of $61.47 to $60.24.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now