Whole Foods Market Reports Third Quarter Results

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Piper Jaffray Remains Sidelined on Whole Foods Market (WFM) as Traffic Continues to Decline

July 28, 2016 8:30 AM EDT

Piper Jaffray reiterated a Neutral rating on Whole Foods Market (NASDAQ: WFM), and raised the price target to $30.00 (from $29.00), following the company's 3Q earnings report. Piper remains confused about why the company's transaction counts continue to fall despite accelerated promotions, more advertising,... More

RBC Capital Reiterates Outperform on Whole Foods Market (WFM) Following 3Q

July 28, 2016 8:00 AM EDT

RBC Capital reiterated an Outperform rating and $37.00 price target on Whole Foods Market (NASDAQ: WFM) following the company's 3Q earnings report. Whole Foods reported an in-line adjusted EPS of $0.37 on $3.70bn of revenue, compared with consensus estimates of $0.37 and $3.72bn.

Analyst William Kirk commented,... More

Whole Foods Market (WFM) Reports In-Line Q3 EPS; Guides Q4 EPS Below Views

July 27, 2016 4:20 PM EDT

Whole Foods Market (NASDAQ: WFM) reported Q3 EPS of $0.37, in-line with the analyst estimate of $0.37. Revenue for the quarter came in at $3.7 billion versus the consensus estimate of $3.73 billion.

Comparable store sales decreased 2.6%.

GUIDANCE:

Whole Foods Market sees Q4... More