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 Video: What is a Stock Split?
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| Smart & Final Stores is a food retailer serving household and business customers. Co.'s Smart & Final stores product selection is designed to meet the regular shopping needs of household customers and frequenly purchases by business customers, including basic grocery, produce, dairy, meat, beverage, foodservice, packaging and janitorial items. Co.'s Cash & Carry Smart Foodservice stores product selection is tailored to the needs of foodservice businesses such as restaurants, caterers and other foodservice providers, as well as businesses and community organizations, including grocery products, and related foodservice equipment and supplies in a mix of case quantity or single-unit. According to our SFS split history records, SFS has had 1 split. | |
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SFS (SFS) has 1 split in our SFS split history database. The split for SFS took place on June 02, 1986. This was a 3 for 2
split, meaning for each 2
shares of SFS owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 1500 share position following the split.
When a company such as SFS splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the SFS split history from start to finish, an original position size of 1000 shares would have turned into 1500 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into SFS shares, starting with a $10,000 purchase of SFS, presented on a split-history-adjusted basis factoring in the complete SFS split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
04/30/2015 |
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| End date: |
06/28/2019 |
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| Start price/share: |
$17.32 |
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| End price/share: |
$6.50 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-62.47% |
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| Average Annual Total Return: |
-20.97% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$3,752.90 |
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| Years: |
4.16 |
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| Date |
Ratio |
| 06/02/1986 | 3 for 2
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