Whole Foods Market Inc. (WFMI)

All Comments on WFMI

  • commenter
    Aug 29 12:06 PM
    Whole Foods Market Continues to Slide [view article]
    WF cannot survive simply by catering to the wealthy. They have too many stores in different areas of the country and their stores are too big. The rent and electricity is the same regardless of sales, the lower the volume the higher the expense as a % of sales. The competitors are taken away WF customers in droves, by price and service. Trader Joes is making it a point to open next door to WF and take away 300,000.00 a week in sales, is like taking candy from a baby.
    As WF becomes more competive , their margins will detiriorate and their earnings will continue to suffer.
    Reply
  • commenter
    Aug 29 10:25 AM
    Board and Executive Compensation in S&P 500 [view article]
    when I read the insiders activities on the stocks that i own i always see large blocks of stocks being sold or option being exercised. As a stock holder i paid for my shares these insiders didn't there shares came from the stockholders. The only company i have that has honest management is brk.a/b Reply
  • commenter
    Aug 26 08:16 AM
    My Website
    July's Top Dividend Buys [view article]
    more useful to tell us payout ratios and whether there has been an increase this year Reply
  • commenter
    Aug 25 10:59 AM
    Whole Foods Market Continues to Slide [view article]
    Swordman
    As I said in my past message which Seeking Alpha, the hedgefund masquerading as an investor friend online magazine, erased I will say again now. As you said in your premise of your statement, WFM customers are wealthier and have more discretionary income, they therefore can weather economy vicissitudes better. Swordman your logical conclusion doesn't make sense based on your premise. The fact that Seeking Alpha erased the message which is exactly as I am saying shows me Seeking Alpha is nothing but a hedgefund mouthpiece.
    Reply
  • commenter
    Aug 25 10:39 AM
    Whole Foods Market Continues to Slide [view article]
    Seeking Alpha deleted my messages which were critical of the poor writing and completely unanalytical, simple-minded observations made by the author of this article. The fact that Seeking Alpha would do this proves my point-Seeking Alpha will never be able to silence me though. Seeking Alpha is a hedgefund mouthpiece and nothing more.
    Reply
  • commenter
    Aug 24 05:59 PM
    Whole Foods Market Continues to Slide [view article]
    The basic fact is that Whole Foods customers have more money to spend on food than shoppers at conventional grocery stores. Whole Foods caters to that market segment. As the economy deteriorates, those shoppers have less disposable income. They spend less and shop elsewhere. Whole Foods needs to adapt or it will continue losing revenue and market share. Reply
  • commenter
    Aug 24 04:51 PM
    Whole Foods Market Continues to Slide [view article]
    Whole Foods problems are self induced. Why it ever bought Wild Oats, a very second rate organic grocery store that never made any money for an ungodly amount of money is beyond me. It was clearly a defensive move to keep one of the major chains from buying it and invading its space. They borrowed to make this acquisition and have leveraged up the balance sheet, which has reduced their flexibilty during the economic downturn. This is not to long after they distributed most of their excess cash ($500+ million) in a special dividend.

    I still think in the long run that Whole Foods is a great investment, but I'm clearly disappointed in the decision making by management. Its stores and their operations are far superior to most grocery chains and have very good margins.

    One risk is Whole Foods trying to cater to more price sensitive shoopers through its private label program, which I think is a big mistake. One of its strengths is buying locally prepared products from small food producers, which creates its mistique. I've noticed since starting this private label program, they've reduced the offerings from these small food producers. Big mistake.

    This is a good opportunity to enter the stock given the big pullback and take a chance on this stock.
    Reply
  • commenter
    Aug 24 12:20 PM
    Whole Foods Market Continues to Slide [view article]
    Here here Hedge! I could not agree with you more. One can only hope we may see our taleneted writer Mr. Patterson 'slide' out of his meager salaried job at seeking alpha, to pursue a life of "K-2" coloring book design, where thank god for the younglings sake---they cannot read his treachereous hate regarding the the color fuchsia. Reply
  • commenter
    Aug 21 11:09 AM
    Whole Food Waits For Shoppers To Return [view article]
    I have never understood why WFMI acts as though it thinks it's the only game in town (having bought OATS), yet during merger talks argued that there was plenty of competition. Obviously it doesn't think much of the competition. Here in Portland OR we have several local chains that focus on local organic food (one is almost a clone of WFMI except it has a lot more local food, and one also has a great selection of conventional food), one high-end chain that looks like a WFMI and has some organic food but mostly "gourmet," regional chain Fred Meyer (Kroger) that has added big organic selection to its supermarket side but also has one-stop-shopping a la Target, AND just about every other ordinary supermarket has added some organic. In other words, even if the appeal of WFMI is that it's upscale as opposed to organic, we got your upscale right here baby. Oh not to mention the bazillions of Trader Joe's. So no I don't see that WFMI has a compelling value proposition, although when I worked across the street I did do some of my shopping there. I am glad to hear it is getting to be that way everywhere.

    I do think Mackey's haircut is cute.
    Reply
  • commenter
    Aug 21 09:00 AM
    My Website
    Clean Energy - Cramer's Lightning Round (8/19/08) [view article]
    So, Cramer made a bear call on X on Tues 8/19, but the stock prompted moved up 6.29, to 142.41, the following day. What is happening? Reply
  • commenter
    Aug 20 02:12 PM
    Whole Foods Stock - Buy What You Know? [view article]
    The size of Whole Foods Co. has outgrown Mackey's ability to navigate it. Founder of the company, he brought a great new idea to "grocery." But, his child-like behavior and stupidity of blogging, along with his denial of any inappropriate behavior should speak volumes as to his ability to run a major chain and publicly traded company. He needs to be replaced - period. I cannot believe how the BOD did nothing to take him out after the SEC investigation - regardless of the fact that they came out "untouched" by the whole thing. Reply
  • commenter
    Aug 19 10:02 AM
    My Website
    Whole Foods Stock - Buy What You Know? [view article]
    In the past couple of months I've been shopping more at Whole Foods than at my local grocer to buy organic products. Even though the store experience is far superior than my local grocer the products I bought there are popping up at Target and other stores with better prices. Whole Food's competitors are building traction and if they can't find a way to counter these folks than WF is won't have much to offer than pretty stores and stinky cheese. Reply
  • commenter
    Aug 11 10:25 AM
    Whole Foods Stock - Buy What You Know? [view article]
    whole foods is pricing itself out of the market. i.e. organic valley ricotta cheese for $7.99 - it can be bought for $4.69 at another store, and I'm sure this guys are not loosing money on the ricotta. At the store where I shop you had to wait in line to check out now there is no wait - on Saturdays. Reply
  • commenter
    Aug 10 05:41 PM
    Whole Foods Stock - Buy What You Know? [view article]
    Whole Foods has far more competition now, which will force the company to lower prices resulting in lower margins. Sales growth will be more modest. I think the stock is headed to $15, after which it may be worth buying if the goal is a 20% increase. Reply
  • commenter
    Aug 10 12:22 PM
    Whole Foods Stock - Buy What You Know? [view article]
    I can't disagree with anything you've said here. I like the store, but I don't like the stock at this price. There's no reason it should continue to enjoy premium multiples. They've guided to a buck per share, give or take a few cents. That means the stock is still trading well above the industry P/E average.

    The company is now relegated to "show me" status as far as I'm concerned.
    Reply

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