Whole Foods Market Inc. (WFM) is an American supermarket chain exclusively featuring foods without artificial preservatives, colors, flavors, sweeteners, and hydrogenated fats. It is the United States' first certified organic grocer, which means it ensures, to National Organic Program standards, organic integrity of the heterogeneous products from the time they reach stores until they are placed in a shopping cart. It opened on September 20, 1980, in Austin, Texas, its current headquarters. As of September 2015, it has 91,000 employees and 431 supermarkets in the United States, Canada, and the United Kingdom, and has its main produce procurement office in Watsonville, California. As of 2015, founder John Mackey and Walter Robb are co-CEOs of the publicly traded company, with John Elstrott as chairman. It became a Fortune 500 company in March 2005 and is the 30th largest retailer in the U.S., based on 2014 revenue.
Reported after close yesterday (5/4/16) Earnings: EPS $0.44 Revenue $3.70B Estimates: EPS $0.41 Revenue $3.74B Up 1.16% in pre-market
5 terrible sessions in a row for WFM! They just opened a location near to me, its very nice, but Im interested to see how busy they will be in a month or two once the novelty dies down. Whole Foods gets FDA warning letter The agency claims inspectors found 'serious violations' at the company's food preparation facility.
Here we go again! -8% and back down to the $30's! The last time the stock took a dive I made a good money on the rebound. I have that feeling again... Lets see how it trades today before making a plan.
Taking a little position in Sep 32 calls around .41 Looking for a break above $31, if not, I will bail out.
Picked up a little AH. UPDATE: Supermarket chain Albertsons exploring takeover of Whole Foods: FT 2:39 pm ET April 24, 2017 (MarketWatch) Share Print U.S. supermarket operator Albertsons is exploring a takeover of Whole Foods Market Inc. (WFM) , the Financial Times reported on Monday, citing two people briefed on the matter. Albertsons is owned by private-equity firm Cerberus Capital Management, which has held preliminary talks with bankers on a bid for Whole Foods, the paper reported. The news comes just weeks after hedge fund Jana Partners LLC said it had amassed a 9% stake in Whole Foods, and was urging it to look at a possible sale, change its management board and revise contracts with suppliers and others. Whole Foods has hired Evercore ISI to advise it on a deal that includes a possible sale of the company, according to the FT. Shares jumped 3% on the news, and are up 20% in 2017, while the S&P 500 has gained 5%. -Ciara Linnane; 415-439-6400; [email protected] (END) Dow Jones Newswires April 24, 2017 14:39 ET (18:39 GMT) Copyright (c) 2017 Dow Jones & Company, Inc.
Grocery chain Whole Foods ($WFM) moved higher in pre-market trading after the company met second quarter earnings estimates and raised its quarterly dividend. The company also named a new CFO.
Phase A: stopping of the down trend Phase B: wild price swings within new support and resistance to confirm a new trading range Phase C: volatility and volume fall off Phase D: sign of strength and mark up All the ingredients for cash stew right here on this daily chart! Point & Figure count (0.50 x 3) gives a $75 target (LPS $28.50)... That's ambitious! But before we get there, id expect to see some supply thrown in around $43, an area of previous resistance on the weekly chart... If/when that barrier is broken, well, you see what happened last time So what's going on? Decent quarter, but nothing to brag about... Somewhat healthy guidance, but not healthy enough to double share prices.... Dividend raised to ~ 2% yield, that's a plus But the acquisition rumors being thrown around are more interesting Whole Foods Is Irrationally Exuberant $WFM http://www.seekingalpha.com/article/4073171 These guys would have you believe it's unlikely... And they may be right Cash rich companies are cheaper to buy, so why not increase the dividend??.. And run up the share prices in the process Who remembers this classic movie?... Listen at 0:50 of this classic scene
Low volume pull back, bouncing off the top of the range it just broke I'd buy it here if I wasn't all tied up!... So, I bought it on paper, just to see if I'm right
http://www.marketwatch.com/story/wh...fter-court-ruling-2017-06-02?siteid=rss&rss=1 Door opened for class action lawsuit against labels at Whole Foods that overstated the weight of items.
Hmmm... Yea I missed that tid bit... Just bought for real yesterday Well... No big sell off today (-0.37%) Maybe that confirms my accumulation theory... That there are more strong hands than weak hands holding supply Or, since I didn't sell today, maybe it's waiting til tomorrow to fall like a stone.... Which would confirm my other theory.... That the whole market is watching ME to decide its next move I know that sounds goofy, but I bet I could prove it..... If I bought one share of Amazon, the whole S&P would probably crash
Some sign of optimism today... Second test of this $34.60 area support on lower volume... And once again failed to penetrate this line Still holding
Stopped out today.... again On the bright side, ive ended my losing streak.... now im on a draw streak First step, losing Second step, break even Third step, win! Climbing the ladder
