Whole Foods Market's stock dove the day after the natural supermarket revised its earnings outlook for the third straight quarter. The decisive market change had many analysts revising their view of the longtime retail darling.
Here are a few reactions and predictions worth reviewing.
Whole Foods Shares Sink On Rotten News Trifecta
May 6, 2014 · Forbes · “The rapidly growing demand for fresh, healthy foods affirms our mission for the last 36 years and highlights the increasing growth opportunity ahead of us,” said co-CEO John Mackey in a statement on the earnings....
Open this article
Whole Foods' rotten day: Stock tanks 21%
May 7, 2014 · CNNMoney · Shares of Whole Foods Market (WFM, Fortune 500) plunged 21% in early trading Wednesday, one day after the organic grocery chain reported quarterly earnings that missed analysts' expectations.
Open this article
Whole Foods Market: Down, But Not Out
May 7, 2014 · www.fool.com · Combined with the company's store expansion initiatives and its efforts to deliver a superior shopping experience to customers, Whole Foods should be able to overcome its current issues in the long run. Also, considering that...
Open this article
Ahead of the Bell: Whole Foods rated 'sell'
May 7, 2014 · Businessweek.com · Whole Foods deserves deeper scrutiny from investors, according to one of at least five analysts who lowered their ratings on the grocery chain's stock after it reported another disappointing quarter and lowered its 2014 earnings...
Open this article
Competition Is Heating Up in Whole Foods’ Niche
May 7, 2014 · news.morningstar.com · While increasing competition is a risk, we are maintaining our narrow moat rating for Whole Foods, as we still believe the firm can sustain excess returns on capital. Whole Foods remains the leading player in...
Open this article
Wait, Someone Actually Upgraded Whole Foods Market?!?!
May 7, 2014 · blogs.barrons.com · Enjoy this moment, because it’s a rare one: Whole Foods Market (WFM) has dropped 20% today on its latest earnings disappointment–and got upgraded by Argus Research.
Open this article
About the Author
You May Also Like