Whole Foods Market, Inc. (WFM) - NASDAQ
  • Wed, Feb. 24, 1:57 PM
    • Whole Foods Market (WFM -1%) plans to make another investment in Instacart, according to Re/code.
    • The grocery store operator also signed a five-year distribution deal with Instacart which likely includes a revenue-sharing arrangement.
    • Instacart delivers for Whole Foods in 16 different cities.
    | Wed, Feb. 24, 1:57 PM | 2 Comments
  • Wed, Feb. 24, 8:29 AM
    • RBC Capital thinks Whole Foods Market (NASDAQ:WFM) could swoop in to land some of Chipotle's lost revenue with 85% of all Whole Foods stores sitting three miles or less from a Chipotle outlet. By analyst William Kirk's reckoning, Whole Foods could bring in an extra $31M in sales.
    • The investment firm sticks with an Outperform rating on Whole Foods and $37 price target.
    • WFM -1.30% premarket to $30.40.
    | Wed, Feb. 24, 8:29 AM | 9 Comments
  • Fri, Feb. 12, 9:26 AM
    • Stifel Nicolaus sets its sights on the grocery store sector after yesterday's dramatic report of Kroger's (NYSE:KR) interest in a buyout of The Fresh Market (NASDAQ:TFM).
    • The investment firm gives Kroger a Buy rating and $45 price target after digesting the consolidation potential. Kroger's M&A spree over the last few years already includes Roundy's, Vitacost, and Harris Teeter - although management has been credited with successful integration strategies.
    • Investors have been rewarded from Kroger's growth push with shares of the grocery store chain outperforming the S&P 500 Index by a wide margin (+215% vs. +36% over 5 years).
    • Sprouts Farmers Market (NASDAQ:SFM) is also given a Buy rating from Stifel and assigned a PT of $27.
    • Previously: The Fresh Market closes +22% on buyout spike, more room to run? (Feb. 11 2016)
    • SFM +2.1% premarket to $22.55 vs. a 52-week range of $16.41 to $38.45.
    • TFM +1.81% premarket to $23.09 vs. a 52-week range of $17.81 to $42.09.
    • WFM +1.90% premarket to $29.48 vs. a 52-week range of $28.07 to $57.57.
    • KR +1.95% premarket to $37.14 vs. a 52-week range of $27.32 to $42.75.
    | Fri, Feb. 12, 9:26 AM | 1 Comment
  • Thu, Feb. 11, 2:03 PM
    • The grocery store sector is buzzing off a report from Reuters indicating Kroger wants to buy out The Fresh Market.
    • Sprouts Farmers Market (SFM +0.7%), Whole Foods Market (WFM +0.2%), Natural Grocers by Vitamin Cottage (NGVC +1.9%), and Ingle Markets (IMKTA +0.2%) have all spiked higher since the story broke.
    • Previously: Reuters: Kroger seek buyout of The Fresh Market (Feb. 11)
    | Thu, Feb. 11, 2:03 PM | 8 Comments
  • Wed, Feb. 10, 4:15 PM
    • Whole Foods Market (NASDAQ:WFM) reports comparable-store sales fell 1.8% on a constant currency basis in FQ1.
    • Average basket size during the quarter was down 0.2%. The number of transactions were 1.6% lower.
    • Gross margin declined 83 bps to 34.0% on a higher costs of goods expense. SG&A expense rate -4 bps to 28.4%. EBITDA margin (ex-charges) came in at 8.3%.
    • Guidance: Sales growth of 3% to 5% is anticipated for FY16 on an expectation for -2% to 0% comp growth. Whole Foods says comps are down 1.6% for the first three weeks of Q2.
    • Previously: Whole Foods Market beats by $0.06, beats on revenue (Feb. 10 2016)
    • WFM +5.30% after hours to $30.40.
    | Wed, Feb. 10, 4:15 PM | 18 Comments
  • Wed, Feb. 10, 4:10 PM
    • Whole Foods Market (NASDAQ:WFM): FQ1 EPS of $0.46 beats by $0.06.
    • Revenue of $4.83B (+3.4% Y/Y) beats by $20M.
    • Shares +7.38%.
    • Press Release
    | Wed, Feb. 10, 4:10 PM | 14 Comments
  • Tue, Feb. 9, 5:35 PM
  • Fri, Feb. 5, 9:27 AM
    | Fri, Feb. 5, 9:27 AM
  • Mon, Feb. 1, 10:46 AM
    • Strong volume numbers out of Sysco this morning aren't going unnoticed by grocery store investors.
    • With a large percentage of the market showing losses, Whole Foods (WFM +1.9%), The Fresh Market (TFM +0.1%), and Kroger (KR +1.8%) are all higher. Related food seller Casey's General Stores (CASY +0.9%) is also in positive territory.
    • Previously: 52-week high for Sysco after earnings shine (Feb. 1)
    | Mon, Feb. 1, 10:46 AM | 4 Comments
  • Fri, Jan. 29, 10:28 AM
    • Grocery store stocks are early outperformers on the day.
    • Supervalu (SVU +6.3%), Kroger (KR +2.6%), The Fresh Market (TFM +2.7%), SpartanNash (SPTN +2.8%), Sprouts Farmers Market (SFM +2.8%), and Whole Foods Market (WFM +3.2%) are all drawing in buyers.
    • Traders are pointing to the macroeconomic climate and valuation as catalysts. Earlier, SA contributor Hawkinvest pitched the case that SVU is vastly undervalued.
    | Fri, Jan. 29, 10:28 AM | 17 Comments
  • Mon, Jan. 25, 8:57 AM
    • Whole Food Market (NASDAQ:WFM) slips in early trading after BMO Capital downgrades the grocery store stock to an Underperform rating from Market Perform.
    • The investment firm sees valuation on Whole Foods still at an elevated level with the risk of comp growth pressure as strong as ever.
    • WFM -2.99% premarket to $29.51.
    | Mon, Jan. 25, 8:57 AM | 46 Comments
  • Wed, Jan. 20, 10:52 AM
    • Whole Foods (NASDAQ:WFM) is down 3% to carve out a new multi-year low of $28.46.
    • Shares of Whole Foods now trade at a forward earnings multiple level close to that of Kroger. The PE spread between Whole Foods and Kroger has been very wide over the last few years due to the perceived growth ramp for Whole Foods.
    • Whole Foods is due to report earnings on February 10 when its outlook on comparable-store sales growth for FY16 will be crucial.
    | Wed, Jan. 20, 10:52 AM
  • Dec. 28, 2015, 4:02 PM
    • Whole Foods Market (NASDAQ:WFM) settles an overcharging investigation in New York City tied to mislabeled products.
    • The deal struck with the Department of Consumer Affairs will see the company pay $500K and agree to implement new practices.
    | Dec. 28, 2015, 4:02 PM | 21 Comments
  • Dec. 22, 2015, 10:17 AM
    • Whole Foods Markets (WFM +3.3%) trades at its highest level in two months as it stays on a slow upward climb after bottoming out at $28.73. The stock has outperformed both the S&P 500 Index and the S&P Retail ETF over the last 90 days.
    • Bullish views on Whole Foods are well represented on SA. Take your pick between M&A, fundamentals, or dividends as a potential reason to buy Whole Foods. Some technical traders have a close of over $34 as significant for a further WFM breakout.
    | Dec. 22, 2015, 10:17 AM | 2 Comments
  • Dec. 18, 2015, 7:45 AM
    • The number of organic food offerings at traditional grocery stores stands 35% to 50% higher than a year ago, according to an estimate from Piper Jaffray.
    • The development continues to pressure specialty grocery store chains such as Fairway Group (NASDAQ:FWM), Sprouts Farmers Market (NASDAQ:SFM), Whole Foods Market (NASDAQ:WFM), and Natural Grocers By Village Cottage (NYSE:NGVC) which expected to dominate the organic food sector.
    • BB&T sees Fairway as in the toughest position of the bunch. Recent earnings reports indicate Kroger (NYSE:KR) and Target (NYSE:TGT) are stealing organic market share.
    • "We’re definitely in a little bit of a shakeout right now, and I don’t expect that all of these specialty grocers are going to survive," warns PJ analysts Sean Naughton.
    | Dec. 18, 2015, 7:45 AM | 71 Comments
  • Dec. 16, 2015, 1:33 PM
    • Whole Foods Market (WFM +1%) spokesperson Michael Silverman informed MarketWatch that market chatter about the company going private should be dismissed.
    • Silverman is just the latest Whole Foods exec to address the issue.
    • "We are not working on anything," co-CEO John Mackey told the Austin American-Statesman earlier this week.
    • Buyout speculation on Whole Foods has cropped up several times this year.
    | Dec. 16, 2015, 1:33 PM | 6 Comments
Company Description
Whole Foods Market, Inc. engages in the retailing business of natural and organic foods. It operates chain of natural and organic foods supermarkets in the United States, Canada, and the United Kingdom. Its product categories include beverages, body care, snacks, frozen, pantry staples,... More
Sector: Services
Industry: Grocery Stores
Country: United States