Seeking Alpha

Specialty grocery stores slump on margin concerns

  • A harsh downgrade from Goldman Sachs on The Fresh Market has soured the mood in the specialty grocery store sector.
  • Heightened pricing competition and increasing input costs could make it hard for the companies to meet earnings estimates this quarter, warn analysts.
  • On the move: Whole Foods Market (WFM) -1.5%, Fairway Group (FWM) -4.2%, Sprouts Farmers Market (SFM) -1.7%.
Comments (6)
  • WaveRider007
    , contributor
    Comments (637) | Send Message
     
    Shaking the tree again, eh Goldman? Not so easy at a base.
    8 Jul 2014, 12:25 PM Reply Like
  • WaveRider007
    , contributor
    Comments (637) | Send Message
     
    Just 2 months ago, Goldman also recommended a sell on silver to $17.50 and we are moving up well above $20 today. Don't believe the hype.
    9 Jul 2014, 09:59 AM Reply Like
  • karlsdad
    , contributor
    Comments (4) | Send Message
     
    no surprise, these chains tend to expand beyond their capability into areas where their names carry no brand message.
    8 Jul 2014, 01:18 PM Reply Like
  • WaveRider007
    , contributor
    Comments (637) | Send Message
     
    Fairway expansion is for prime real estate locations, just like the success of McDonalds. They will be an anchor at the new WTC when it opens later this year, big news and PR.
    9 Jul 2014, 10:03 AM Reply Like
  • yankees1957rr
    , contributor
    Comments (8) | Send Message
     
    Good entry point to WFM. Could start raising dividend by a healthy clip.
    8 Jul 2014, 02:20 PM Reply Like
  • yankees1957rr
    , contributor
    Comments (8) | Send Message
     
    Good entry point to WFM. Could start raising dividend by a healthy clip.
    8 Jul 2014, 02:20 PM Reply Like
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