Thursday, November 3, 2011

Whole Foods misses on Revenues...

Whole Foods Market (WFM): Q4 beats on a per share basis but misses on revenue. Earnings rose 12% Y/Y, with same-store sales up 8.4%. Separately, the company announces a 40% increase to its dividend, amounting to $0.56 per share, and a $200M stock buyback.

WFM stock is holding up OK, currently down 2.20 to 68.41...it could be much worse, but this is a stock funds want to own.

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