By its own count, Whole Foods Market (NASDAQ: WFM) has plenty of room left to grow. The company says that its 355-store footprint -- covering 13 million square feet -- is nothing close to market saturation. Instead, Whole Foods sees demand for up to 1,000 locations in the U.S alone.
In the video below, Fool contributor Demitrios Kalogeropoulos gives viewers three reasons Whole Foods could hit that ambitious target. Industry-trouncing sales growth, increasing profits, and a flexible store plan give the grocer a good shot at that long-term goal, he says.
Fool contributor Demitrios Kalogeropoulos owns shares of Costco Wholesale. The Motley Fool recommends Costco Wholesale and Whole Foods Market. The Motley Fool owns shares of Costco Wholesale and Whole Foods Market. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.