Revenue Update on Smart & Final Stores Inc(NYSE:SFS)

Smart & Final Stores Inc(NYSE:SFS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $1.04B. Analysts estimated a revenue of $1.05B. Earnings per share were $0.20. Analysts had estimated an EPS of $0.21.

Smart & Final Stores Inc (SFS) shares turned negative on Thursdays trading session with the shares closing down -0.14 points or -0.96% at a volume of 7,29,455. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $14.64. The peak price level was also seen at $14.64 while the days lowest was $14.22. Finally the shares closed at $14.44. The 52-week high of the shares is $18.67 while the 52-week low is $12.16. According to the latest information available, the market cap of the company is $1,067 M.

Several Insider Transactions has been reported to the SEC. On Jul 6, 2016, Scott R. Drew (EVP, Operations) sold 25,000 shares at $14.90 per share price.Also, On Jun 6, 2016, David G. Hirz (President & CEO) sold 36,647 shares at $16.26 per share price.On Dec 28, 2015, Eleanor Hong (Senior VP and CMO) sold 18,415 shares at $18.00 per share price, according to the Form-4 filing with the securities and exchange commission.

Smart & Final Stores Inc. is a food retailer serving household and business customers through two store banners: Smart & Final and Cash & Carry. The Company operates through two business segments: Smart & Final and Cash & Carry. The Smart & Final segment is based in Commerce California and includes as of December 28 2014 103 legacy Smart & Final stores and 98 Extra! format stores which focus on household and business customers and are located in California Arizona and Nevada. The Cash & Carry segment is based in Portland Oregon and includes as of December 28 2014 53 Cash & Carry stores which focus primarily on business customers and are located in Washington Oregon Northern California Idaho and Nevada.

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