'Earnings Power Is Significant'
Industry analysts said last week they believe Whole Foods’ strong financial results will be sustainable going forward. “With Whole Foods operating much more efficiently, the earnings power is significant,” Scott Mushkin, an analyst with Jeffries, New York, noted. ”The only thing holding back even better performance [is] a mediocre economy. “If macro trends improve, comps could move into double digits, akin to what took place [at Whole Foods] from 2004 to ...
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