real-time news and commentary for investors
Saturday, Feb 16
Does the tumble in Whole Foods Market (WFM) following its FQ1 report showing slowing sales and...
Does the tumble in Whole Foods Market (WFM) following its FQ1 report showing slowing sales and margin trends look any different in light of what could be a wider consumer spending pinch - highlighted dramatically by a leaked Wal-Mart self-assessment? Though the firm still expects double-digit growth and is a dominant brand in its niche, a line from the grocery store operator's earnings call resonates even louder with retail sales looking troubling. WFM on margins: "...we intend to expand our value offerings across the store." (transcript)