RBC Capital Upgrades Whole Foods Market (WFM) to Outperform

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Jefferies Lower Whole Foods Market (WFM) PT to $50 Following 1Q

May 7, 2015 8:15 AM EDT

Jefferies maintains a Hold rating on Whole Foods Market (NASDAQ: WFM) and lowers the price target to $50 (from $56) after WFM comps return to 2014 lows. Despite the value-focused concept announcement by WFM, Jefferies believes comp headwinds could continue to cause trouble.

Jefferies analyst Mark... More

BMO Capital Expects Whole Foods Market (WFM) to Remain 'Innovative'; PT Cut to $45

May 7, 2015 7:29 AM EDT

BMO Capital Markets maintain their Market Perform rating on Whole Foods Market (NASDAQ: WFM) and drops the price target to $45 (from $54) following results. Despite the price drop, BMO continues to expect volatility in WFM. As the dynamic competitive landscape evolves, the company's growth weighs on sales. WFM has set plans to launch an additional branding/advertising campaign,... More

BofA/Merrill Lynch Downgrades Whole Foods Market (WFM) to Neutral

May 7, 2015 7:28 AM EDT

BofA/Merrill Lynch downgraded Whole Foods Market (NASDAQ: WFM) from Buy to Neutral with a price target of $48. Analyst Robert Ohmes pointed to an uncertain comp outlook and concerns about its new lower-price store concept.

For an analyst ratings summary and... More

After-Hours Stock Movers 05/06: (QRVO) (ANN) (CHGG) Higher; (GMCR) (WFM) (FRSH) Lower (more...)

May 6, 2015 6:04 PM EDT

Qorvo (NASDAQ: QRVO) 12.2% HIGHER; reported Q4 EPS of $1.11, $0.24 better than the analyst estimate of $0.87. Revenue for the quarter came in at $634.9 million versus the consensus estimate of $623.4 million. Qorvo sees Q1 2016 EPS of $1.00-$1.10, versus the consensus of $0.98. Qorvo sees Q1 2016 revenue of $660-670 million, versus the consensus of $651.2 million.

Keurig Green Mountain (NASDAQ: GMCR) 11.6% LOWER; reported Q2 EPS of $1.03, $0.02 worse than the analyst estimate of $1.05. Revenue for the quarter came in at $1.13 billion versus the consensus... More

Whole Foods Market (WFM) Reports In-Line Q2 EPS

May 6, 2015 4:04 PM EDT

Whole Foods Market (NASDAQ: WFM) reported Q2 EPS of $0.43, in-line with the analyst estimate of $0.43. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.7 billion.

Comparable store sales on a constant currency basis increased 3.6%, including an estimated 50 basis point positive impact from Easter shifting from the third quarter last year to the second quarter this year.

The Company's targets for... More