I suggest all retail longs that can, take a road trip
to the new Whole Foods in Gowanus Brooklyn. Simple magnificent. This company is revitalizing a dying community and cleaning up a polluted canal areas well, the transformation is amazing.The store is beautiful.
The point about the canal is well taken. By improving the neighborhood significantly they are not only giving back but they are increasing the # of people moving into the area ,assuring futures increasing sales and increase in property values for the land that whole foods owns.
I don't doubt it, but WFM stock is going through some difficult times and if the quarter is not good, the stock will suffer. It is suffering already, but is this time now to buy low a good company? I don't know.
Is it the exact right time...no one knows. But if you have a 2 -5 year time horizon the answer is easy. This is a good time to buy wfm. If your on the fence wait for the next earrings report to see if it takes a leg down to the low 30's and than that should be it.Good luck