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Whole Foods Market, Inc. (WFM)

  • Nov. 5, 2014, 4:04 PM
    • Whole Foods Market (NASDAQ:WFM): FQ4 EPS of $0.35 beats by $0.03.
    • Revenue of $3.25B (+9.1% Y/Y) misses by $10M.
    • Shares +4.7%.
    • Press Release
  • Oct. 20, 2014, 8:36 AM
    • Whole Foods Market (NASDAQ:WFM) rolls out Apple Pay at all of its stores.
    • The grocery store chain maintains the service will give customers a differentiated fast and secure checkout option.
    • WFM +0.4% premarket.
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  • Oct. 6, 2014, 9:53 AM
    • Whole Foods Market (WFM +1.3%) is in the process of trying out price cuts on produce items and sampling more weekly deals, according to Fierce Retail.
    • The test run of promotions will run for a few months in select markets before the company decides if it will push it out nationally.
    • Whole Foods is looking to offset lower prices with operational efficiencies and a trimming of expenses.
  • Oct. 6, 2014, 7:57 AM
    • Online grocery store sales will grow to $80B-$123B per year by 2023, according to a presentation by Brick Meets Click.
    • The explosive growth is expected to be led by the popularity of the service in major cities such as New York and San Francisco.
    • Related stocks: KR, SWY, SVU, WFM, AMZN, WMT.
  • Sep. 30, 2014, 12:42 PM
    • Shares of Whole Foods Market (WFM +1.8%) are higher on heavy volume on some recycled rumors of a takeover bid by a bigger player.
    • Analysts covering the sector are a bit wary, thinking WFM is a tough bolt-on for some of the names mentioned as potential acquirers.
  • Sep. 11, 2014, 9:29 AM
    • Retail analysts are duly impressed by the 4.8% comp delivered by Kroger (NYSE:KR) in Q2.
    • Though there's been plenty of talk about Wal-Mart (NYSE:WMT), Target (NYSE:TGT), and even Whole Foods Market (NASDAQ:WFM) grabbing mass market grocery share - Kroger has put up a steady string of turf-defending quarters.
    • KR +2.0% premarket.
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  • Sep. 8, 2014, 6:58 AM
    • Whole Foods Markets (NASDAQ:WFM) announces it will offer one-hour grocery delivery service in 15 U.S. cities in partnership with Instacart.
    • The grocery store operator also plans to offer customers in select markets the ability to place orders via Instacart and pick up their order in the store later.
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  • Aug. 5, 2014, 11:33 AM
    • Whole Foods Market (WFM +3%) is having a volatile day after rumors of interest by Carl Icahn in the company crop up.
    • Shares of WFM were as high as +5%, and volume on WFM for the day is already 150% of normal trading activity, despite the speculative nature of the original report.
  • Jul. 31, 2014, 9:11 AM
  • Jul. 31, 2014, 7:38 AM
    • JPMorgan downgrades Whole Foods Market (NASDAQ:WFM) to a Neutral rating from Overweight following the release of FQ3 results from the grocery store operator.
    • Decelerating comps and margin pressures are a concern to BofA.
    • WFM -3.7% premarket to $37.70.
  • Jul. 30, 2014, 4:16 PM
    • Whole Food Market (NASDAQ:WFM) reports comparable-store sales rose 3.9% in FQ3 vs. 4.7% consensus. The mark extends a streak of decelerating comp growth (4.5% in FQ2, 5.4% in FQ1, 5.9% in FQ4) and looks even worse in light of the shift of Easter into the quarter.
    • Transactions were up 2% in FQ3, while the average basket was 1.9% higher.
    • Average weekly sales per store were $736K.
    • The company announces a new $1B buyback program.
    • FY14 guidance: Comp sales 9.6%-9.9%; store count +38; EBITDA margin 9.1%-9.2%; EPS $1.52-$1.54
    • WFM -4.8% AH
  • Jul. 30, 2014, 4:07 PM
    • Whole Foods Market (NASDAQ:WFM): FQ3 EPS of $0.41 beats by $0.02.
    • Revenue of $3.38B (+10.5% Y/Y) misses by $10M.
    • Shares -6.5%.
    • Press Release
  • Jul. 10, 2014, 1:06 PM
    • Cantor Fitzgerald thinks Whole Foods Market (WFM -1.6%) needs to peel off some more share price before investors should jump in.
    • The combination of slower growth trends and higher input costs creates some operational challenges which haven't been fully factored in yet, according to analyst Ajay Jain.
    • Whole Foods Market is down 34.8% YTD and is 42.4% off its 52-week high.
  • Jul. 8, 2014, 11:21 AM
    • 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%.
  • Jun. 25, 2014, 5:46 PM
    • Deutsche Bank sees tough times for Supervalu (SVU) and Safeway (SWY) if and when Amazon (AMZN) expands its AmazonFresh grocery delivery service beyond its three current test markets.
    • Kroger (KR) should fare better due to its strong price positioning and weighted average market share positions, and natural/organic specialty players are better positioned to absorb AMZN’s expansion, with Whole Food (WFM) least at-risk due to its product mix, differentiated format, strong EBIT margins and very strong balance sheet.
    • Morgan Stanley, however, doesn't see online as a major threat to brick and mortar food retailers after its own survey showed consumers’ interest in online ordering - either to be picked-up at store, or delivered to home - is very low.
  • Jun. 25, 2014, 10:55 AM
    • Looking over the battered natural/organic growth group, Morgan Stanley buys the dip in Whole Foods (WFM +0.5%) and Sprouts (SFM +3%), initiating both at Overweight, but The Fresh Market (TFM -1.7%) is started at Underweight.
    • Plain-jane and red-hot The Kroger (KR +0.2%), meanwhile, also rates an Overweight rating.
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Company Description
Whole Foods Market Inc is a retailer of natural and organic foods and a Certified Organic grocer. Its products include seafood, grocery, meat and poultry, bakery, prepared foods and catering, coffee and tea.
Sector: Services
Industry: Grocery Stores
Country: United States