Analysis: Whole Foods Market still a Buy despite some sales cannibalization

Deutsche Bank think some short-term cannibalization could hit Whole Foods Market (WFM), but maintains a positive outlook with a Buy rating and $70 price target.

The cannibalization impact is a result of some stores opening within a 5-mile radius of another Whole Foods store.

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Comments (3)
  • Gary J
    , contributor
    Comments (11106) | Send Message
    An analyst letting you know shes's alive.
    12 Dec 2013, 10:06 AM Reply Like
  • Jbgoose
    , contributor
    Comments (3237) | Send Message
    Only so many wealthy enough zips to go around? Our new whole foods is planned as a new town center - 19096. It is in one of only a few if any AAA rated muni's to be found .... They are knocking down much old infrastructure and revitalizing major intersections, adding parking, a new bar, other services.... Then again, we do have dozens of markets, farmer markets, vegan's, Zoe's like places, TJ's, family owned and such within just a few miles, not including the traditional markets. The parking lots are never empty. What does that tell us? I suppose well established inner ring burbs and good city living is far different than the rest of the country? Just thoughts... Maybe they need to lower prices overall and divert from their current plans to keep it going, all growth firms end up here at some point. I hope to have money to buy any dips but only so many places to put it to work in a folio. What a great break, buying opp if they do crash in price?
    12 Dec 2013, 11:43 AM Reply Like
  • moseharper
    , contributor
    Comments (682) | Send Message
    Keep buying.
    12 Dec 2013, 05:34 PM Reply Like
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