Good earnings report at the top end of my optimistic expectations...despite after hours plunge following earnings release my bet is stock will continue to outperform market going forward. Long term growth investors will recognize this is rare quality growth story that justifies current equity premium.
Lots of great news in most recent report to support increasing stock price including 8% plus sustained same store sales growth, record setting forecast new store growth, closing price gap relative to competitors, 43% dividend increase, loyal customers and most important: best staff and service in industry.
Thank you John Mackey and rest of Whole Foods team!
Reality Check! I guess your not looking at the fact set,that all WFM's competitors are now incorporating Organic sections of their floor space, and dedicating it to making it very appealing to their custumer base. Stop & Shop, Pantry Pride, and other major players will steal their growth, and in spite of new store openingthey won't be so unique anymore.The envirnoment is ripe for correction, and remember what goes up eventually comes down faster.
Goodness. With your eyes glazed over optimism, you probably thought 9/11 was a wonderful opportunity for Boeing to sell two more airplanes and get construction workers busy at the Trade Center Plaza. Absurd.
actually it was 4 planes...what a #$%$ analogy..for a guy who makes so much money shorting the market, you sure are miserable...lemme guess? umemployed loser living with your parents trading on $5000 capital buying 1 and 2 puts at a time...joker.