In this video, Motley Fool Analyst Isaac Pino talks about Whole Foods (NASDAQ:WFM), a company that's normally notorious for posting great numbers during earnings season. But, yesterday, to everyone's surprise, its numbers actually fell after reporting. Pino highlights a slowdown in same-store sales, and the crunch between higher costs and increased competition from low-price competitors, like Wal-Mart (NYSE:WMT) and Target (NYSE:TGT) as some of the factors that contributed to the drop, despite good earnings and revenue. He also tells us what the current dip in price means for Whole Foods buyers, and when would be the right time to buy.
Motley Fool Returns
Discounted offers are only available to new members. Stock Advisor will renew at the then current list price. Stock Advisor list price is $199 per year.
Stock Advisor launched in February of 2002. Returns as of 10/25/2021.
Average returns of all recommendations since inception. Cost basis and return based on previous market day close.