It looks more like the SODA play today. They beat on revenues and earnings. So the same stores comparison not as high as analysts they were still higher. It is near the 52 week low. The company is reaffirming 2014 earnings. I think things get better for the company.
i thought the earnings were fine...sales increaed 10% overall.. sales per gross foot over $1k... net inc $151.0 mill or .41/eps diluted... repurchased $361 mill of common stock... announced a new $1 billion share repurchase... projecting fy14 eps diltuted of $1.52-$1.54... between sales growth, great e.p.s. & share buyback... i think stock should be going up... not down
Most employees of wfm say the same thing. The company is a disaster with a team that is clueless on how to win. They blame everything from weather to competition. They need to look in the mirror and they will see the issue.