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Whole Foods Market, Inc. Message Board

  • nedelkay nedelkay Jun 19, 2014 10:01 AM Flag

    Kroger earnings!!

    I thought it would help, but I guess not. I guess it will probably trade back to 42.00 in a while.
    I missed a nice trade though.

    Sentiment: Strong Buy

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    • Clearly, the good Kroger earnings is being viewed as a negative for WFM today. I see it as a neutral. Kroger is benefitting from it's acquisition of Teeter and growth in it's Simple Truth organic line. I see that as emblematic of the trend towards healthier/organic eating and an expanding market, and not anything to do with WFM's lunch getting eaten. Make no mistake, WFM has no peers. It has a totally different vibe and shopping there is not seen as the chore it is everywhere else. That said, WFM share price will come back but will take some time. I'm not sure what you're saying you missed.

37.56-0.11(-0.29%)Sep 29 4:15 PMEDT

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