Wed, Feb. 11, 4:12 PM
- Whole Foods Market (NASDAQ:WFM) reports comparable-store sales increased 4.5% in FQ1 vs. 5.4% a year ago and 3.1% last quarter.
- Average weekly sales per store came in at $724K.
- Transactions were 2.3% higher during the period, while the average basket was up 2.2%.
- The EBITDA margin was 8.5%, down 60 bps Q/Q.
- Gross margin rate -20 bps to 34.8% on higher input costs.
- SG&A expense rate -4 bps to 28.5%.
- Guidance: The company reiterates FY15 guidance of +9% sales growth and EBITDA margin of around 9%. FQ2 comps are up 4.9% through February 8.
- WFM +3.25% AH.
Dec. 10, 2014, 10:22 AM
- The S&P 500 Retail ETF (NYSEARCA:XRT) is up 0.3% today despite the negative action in the broader market.
- A forecast for sustained lower oil prices is the major reason for the upswing.
- Top 20 XRT holdings showing gains: Limited Brands (LB +0.6%), Whole Foods Markets (WFM +0.4%), Casey's General Stores (CASY +0.3%), Ross Stores (ROST +0.7%), Kroger (KR +0.9%), Advance Auto Parts (AAP +0.4%), Target (TGT +0.4%), Zumiez (ZUMZ +0.3%), CST Brands (CST +1.3%).
Nov. 6, 2014, 9:23 AM
- Whole Foods Market (NASDAQ:WFM) is poised for a rally after Q3 results impressed.
- There's a wave of analysts raising targets and estimates based on the company's outlook, although JPMorgan gets the nod for being ahead of the Street with its call.
- The big takeaway from the WFM earnings report and early look at Q4 is that the strategy by Whole Foods to lower prices amid organic food competition is seeing some benefits with traffic and branding.
- WFM +8.9% premarket
Nov. 6, 2014, 9:14 AM
- Gainers: PLNR +74%. PESI +24%. SWIR +20%. MEET +13%. RVLT +11%. COT +11%. DATA +11%. ACAS +10%. NDLS +9%. KATE +8%. KATE +8%. WFM +9%. HZNP +6%. CECO +6%. DRYS +5%. TRUE +5%.
- Losers: AEZS -51%. SZYM -47%. SNMX -26%. GNW -24%. WWWW -22%. CSOD -19%. PHMD -17%. GERN -14%. MCP -12%. GNRC -11%. WAC -9%. QCOM -7%. Z -7%. PBR -5%.
Nov. 5, 2014, 4:15 PM
- Whole Foods Market (NASDAQ:WFM) reports comparable-store sales rose 3.1% in FQ4 vs. its guidance for a 2.5-3.5% rise.
- The comp mark was 3.9% last quarter and 5.9% a year ago.
- Transactions were 1.3% higher during the period, while the average basket was up 1.8%.
- The EBITDA margin came in at 9.1%.
- Gross margin rate -20 bps to 35.4%.
- Guidance: The company sets a FY15 target of +9% sales growth and EBITDA margin of around 9%. FQ1 comps are trending +4.6% through November 2.
- WFM +6.0% AH.
Nov. 5, 2014, 4:04 PM| 5 Comments
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.
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| 4 Comments
Jul. 31, 2014, 7:38 AM| 2 Comments
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. 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. 5, 2014, 12:13 PM
May. 7, 2014, 9:27 AM
- The organic grocer sector is in chaos after Whole Foods Market (WFM) cuts its guidance with new competitors cropping up.
- Exec with Whole Foods gave a frank assessment on their previous outlook during the firm's earnings call last night (transcript).
- "We were overly optimistic... particularly in light of the rapidly changing competitive landscape," said co-CEO John Mackey.
- Whole Foods Market is down 18.5% premarket, while shares of The Fresh Market (TFM) are giving up 8.5% and Sprouts Farmers Market (SFM) is off 6.7%.
May. 7, 2014, 9:15 AM
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