In this video, Motley Fool Analyst Isaac Pino talks about Whole Foods (WFM +0.00%), 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 (WMT 0.10%) and Target (TGT 0.73%) 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.
Whole Foods Slumps After Earnings
By Isaac Pino, CPA and Blake Bos – Nov 8, 2012 at 8:23PM
Is it time to buy?
About the Author
Isaac has been been a Foolish investor for 10 years. He manages client portfolios at Huckleberry Capital Management, which involves (mostly) buying and (some) selling of stocks in their accounts. When he is not hunting for companies with wide economic moats, he is chasing his toddler around the Blue Ridge Mountains.
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