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EVP and CFO of Fresh Market (TFM) Lisa Klinger Sold 27,576 Shares

June 20, 2012 | About:

The Fresh Market Inc. operates as a food retailer offering primarily perishable food products in the southeast, midwest and mid-atlantic U.S. Fresh Market has a market cap of $2.49 billion; its shares were traded at around $53.25 with a P/E ratio of 43.5 and P/S ratio of 2.2.

On June 18, Executive Vice President and CFO of Fresh Market (NASDAQ:TFM) Lisa Klinger sold 27,576 shares at an average price of $50. The total transaction amount is $1,378,800.

Lisa Klinger has served at The Fresh Market since March 2009 as Executive Vice President and Chief Financial Officer. Before coming to The Fresh Market, Ms. Klinger served at Michael’s Stores as finance and treasurer from May 2005 to March 2009. She has also worked as assistant treasurer at Limited Brands from August 2000 to May 2005.

Executive Vice President and CFO Lisa Klinger sold 13,000 shares of TFM stock on January 20 at the average price of 43.3. Other directors and officers such as Senior Vice President Real Estate & Development Randy Kelley, 10% Owner Michael Barry, Director Brett M. Berry, and Director Ray D. Berry have also sold shares of TFM stock.

On May 30, 2012, The Fresh Market reported their 2012 first quarter fiscal earnings. The company reported that total sales have increased 22.8% from last year to $324.8 million and net income increased 43.0% to 19.3 million.

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