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Whole Foods Facing Foot-Traffic Headwinds; SunTrust Maintains Buy Rating
Thursday, July 28, 2016 - 4:11pm | 404SunTrust maintains its Buy rating on Whole Foods Market, Inc. (NASDAQ: WFM), despite saying traffic is still a "bigger challenge" for the organic foods retailer. Whole Foods reported $0.37 per share in its third-quarter earnings, in line with the consensus/Street estimates. Same-store sales in the...
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Whole Foods: A Victim Of Its Own Success? Health Trend Has Gone Mainstream
Tuesday, July 26, 2016 - 2:40pm | 396The health conscious trend Whole Foods Market, Inc. (NASDAQ: WFM) helped pioneer may be leading to its downfall. At least that is what Goldman Sachs is saying after downgrading Whole Foods to Sell from its previously held Neutral rating. "Whole Foods is experiencing a competitive barrage, losing...
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Bloomberg Speculates On Encroaching Aldi; But Don't Fret, Whole Foods Investors
Thursday, June 23, 2016 - 8:18am | 255As traders have responded to a recent 15 percent decline in shares of Whole Foods Market, Inc. (NASDAQ: WFM) on the heels of an FDA warning letter, some have been left scrambling for good info on the company. Investors have been passing around a Bloomberg Businessweek article Wednesday: "Whole...
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Whole Foods '365' Spinoff Stores Are Being Carefully Positioned Near Trader Joe's And Sprouts
Thursday, April 14, 2016 - 1:39pm | 467Last week, Whole Foods Market, Inc. (NASDAQ: WFM) announced a spinoff store called 365, with the first location set to open May 25. The new grocer's concept has been described as a practical way for Whole Foods to "improve the chain's overall competitiveness and value positioning,...