Why Smart & Final Stores, Inc. Stock Jumped Today

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%.

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.

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Source: Fool.com