|Day's Range||80.22 - 80.61|
|52 Week Range||73.15 - 84.08|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.35%|
On June 16, 2017, Amazon, the world's largest diversified online retailer, announced its intention to acquire Whole Foods Market for $13.7 billion in an all-cash transaction.
Negative comps and gross margin pressures have taken their toll on Whole Foods Market’s (WFM) profitability. The retailer recorded an operating margin of 4.8% in fiscal 1H17.
Malls across America are turning into ghost towns as the retail apocalypse descends on the country. Shares of brick-and-mortar retailers crashed this year in the face of daily store closures and bankruptcies. But opportunity lies in every crisis and investors can profit with ETFs.