Back to top

Analyst Blog

Zacks Investment Research downgraded Nash Finch Company to a Zacks Rank #5 (Strong Sell) on Mar 19. Weak fourth quarter 2012 results, particularly due to sluggish Military segment performance, resulted in the downgrade.

Why the Downgrade?

The company’s fourth quarter proved to be weak considering the financial results disclosed on Feb 28, 2013. Nash Finch’s adjusted earnings of 49 cents per share declined 49.5% from 97 cents per share in the year-ago period. Nash Finch's total sales also fell 1.1% to $1.14 billion due to softness in Military export sales. Sales also missed the Zacks Consensus Estimate of $1.19 billion.

Nash Finch’s comparable sales declined 4.1% from the prior-year quarter. The dip in comparable sales was due to regular sale or closing of retail stores.

In addition, the company has been experiencing disappointing results from its Military segment due to lower margins. In addition, it faces extensive pressure from supermarket company SuperValu Inc (SVU - Analyst Report), which provides advanced facilities to commissaries like employing military business consultants to ensure efficient and accurate delivery of products, which further pressurizes Nash Finch.

Also, the earnings estimate for Nash Finch has gone down in the last 30 days following the disappointing results. For 2013, the Zacks Consensus Estimate declined 7.1% to $2.24 per share while that for 2014 plummeted 17.3% to $1.87.

Other Stocks to Consider

Not all stocks are performing as poorly as Nash Finch. Other retail and wholesale stocks with favorable Zacks Rank include Green Mountain Coffee Roasters, Inc. (GMCR - Analyst Report) carrying a Zacks Rank #1 (Strong Buy) and Natural Grocers By Vitamin Cotta (NGVC - Snapshot Report) carrying a Zacks Rank #2 (Buy)

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
PLANAR SYST… PLNR 4.44 +5.21%
BITAUTO HOL… BITA 81.71 +5.12%
CTPARTNERS… CTP 16.66 +4.26%
CHINA BIOLO… CBPO 47.91 +3.30%
MALLINCKROD… MNK 72.94 +2.85%