'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 ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.