Last $37.86 USD
Change Today -0.3699 / -0.97%
Volume 8.9M
WFM On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 5:20 PM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

whole foods market inc (WFM) Snapshot

Open
$38.47
Previous Close
$38.23
Day High
$38.72
Day Low
$37.60
52 Week High
10/28/13 - $65.59
52 Week Low
07/17/14 - $36.08
Market Cap
13.9B
Average Volume 10 Days
9.5M
EPS TTM
$1.53
Shares Outstanding
367.6M
EX-Date
07/1/14
P/E TM
24.7x
Dividend
$0.48
Dividend Yield
1.22%
Current Stock Chart for WHOLE FOODS MARKET INC (WFM)

whole foods market inc (WFM) Related Businessweek News

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whole foods market inc (WFM) Details

Whole Foods Market, Inc. operates as a retailer of natural and organic foods. Its stores offer produce and floral, grocery, meat, seafood, bakery, prepared foods and catering, coffee, tea, beer, wine, cheese, nutritional supplements, vitamins, and body care products, as well as lifestyle products including books, pet products, and household products. As of July 30, 2014, the company operated 388 stores in the United States, Canada, and the United Kingdom. Whole Foods Market, Inc. was founded in 1978 and is headquartered in Austin, Texas.

56,700 Employees
Last Reported Date: 11/22/13
Founded in 1978

whole foods market inc (WFM) Top Compensated Officers

Co-Chief Executive Officer and Director
Total Annual Compensation: $503.8K
Co-Founder, Co-Chief Executive Officer and Di...
Total Annual Compensation: $1.0
President and Chief Operating officer
Total Annual Compensation: $503.8K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $503.8K
Executive Vice-President of Operations
Total Annual Compensation: $503.8K
Compensation as of Fiscal Year 2013.

whole foods market inc (WFM) Key Developments

Whole Foods Market, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended July 6, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014; Revises Earnings Guidance for the Full Year of 2014

Whole Foods Market, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended July 6, 2014. For the quarter, the company reported sales were $3,377 million compared to $3,058 million for the same period a year ago. Operating income before pre-opening and store closure was $263 million compared to $243 million for the same period a year ago. Operating income was $243 million compared to $228 million for the same period a year ago. Income before income taxes was $247 million compared to $230 million for the same period a year ago. Net income was $151 million or $0.41 per diluted share compared to net income of $142 million or $0.38 per diluted share for the same period a year ago. EBITDA was $331 million compared to $306 million for the same period a year ago. Adjusted EBITDA was $359 million compared to $328 million for the same period a year ago. Adjusted earnings, including interest related to operating leases was $169 million compared to $159 million for the same period a year ago. Comparable store sales increased 3.9%, including a positive impact of approximately 60 basis points from Easter shifting from the second quarter last year to the third quarter this year, on top of a 7.5% increase in the prior year. During the quarter, the Company produced $240 million in cash flow from operations and invested $204 million in capital expenditures, resulting in free cash flow of $36 million. For the nine months, the company reported sales were $10,938 million compared to $9,941 million for the same period a year ago. Operating income before pre-opening and store closure was $783 million compared to $737 million for the same period a year ago. Operating income was $729 million compared to $691 million for the same period a year ago. Income before income taxes was $739 million compared to $699 million for the same period a year ago. Net income was $451 million or $1.21 per diluted share compared to net income of $430 million or $1.51 per diluted share for the same period a year ago. Net cash provided by operating activities was $859 million compared to $818 million for the same period a year ago. Purchase of intangible assets was $19 million compared to nil for the same period a year ago. Purchases of available-for-sale securities were $648 million compared to $1,104 million for the same period a year ago. EBITDA was $1,015 million compared to $948 million for the same period a year ago. Adjusted EBITDA was $1,096 million compared to $1,018 million for the same period a year ago. Adjusted earnings, including interest related to operating leases was $511 million compared to $486 million for the same period a year ago. Comparable store sales increased 4.6% on top of a 7.2% increase in the prior year. The company also provided earnings guidance for the fourth quarter of 2014 and updates earnings guidance for the full year of 2014. For the quarter, the company expected sales growth to be in the range of 8.5% to 9.5% and comparable store sales growth to be in the range of 2.5% to 3.5%. EBITDA expected to be in the range of $270 million to $284 million. Tax rate expected to be in the range of 38.0% to 39.0%. Diluted EPS expected to be in the range $0.31 to $0.33 and capital expenditures expected to be in the range of $159 million to $184 million. For the full year of fiscal 2014, the company expected sales growth to be in the range of 9.6% - 9.9% compared to previously expected range of 10.5% to 11.0%. Comparable store sales growth expected to be in the range of 4.1% to 4.4% compared to previously expected range of 5.0% to 5.5%. EBITDA expected to be in the range of $1.29 billion to $1.30 billion compared to previously expected range of $1.29 billion to $1.32 billion. Tax rate expected to be in the range of 38.0% to 39.0% compared to precious expectation of 39.0%. Diluted EPS expected to be in the range $1.52 to $1.54 compared to previously expected range of $1.52 to $1.56. Capital expenditures expected to be in the range of $725 million to $750 million compared to previously expected range of $675 million to $725 million.

Whole Foods Market, Inc. Plans to Open Additional Stores

Whole Foods Market, Inc. announced that in fourth quarter of 2014 it has opened two new stores and expects to open 11 additional stores. The company currently has 388 stores totaling approximately 14.7 million square feet and expects to cross the 500-store mark in 2017. Longer term, the company sees demand for 1,200 Whole Foods Market stores in the United States. The company recently signed 11 new leases, including two relocations. These leases include five new markets and are located in Montgomery, AL; Irvine, CA; Los Angeles, CA; Sacramento, CA; Bloomington, IN; Shrewsbury, MA; Cary, NC; Bedford, NH; Eugene, OR; Houston, TX; and Richardson, TX.

Green PolkaDot Box Might Be Up For Sale

The Green PolkaDot Box, Inc. (OTCPK:GPDB) may be a possible acquisition target for Whole Foods Market, Inc. (NasdaqGS:WFM), Costco Wholesale Corporation (NasdaqGS:COST) and Amazon.com Inc. (NasdaqGS:AMZN).

 

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Industry Analysis

WFM

Industry Average

Valuation WFM Industry Range
Price/Earnings 25.0x
Price/Sales 1.0x
Price/Book 3.6x
Price/Cash Flow 24.2x
TEV/Sales 0.9x
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