Whole Foods Market Announces Changes to Leadership; Eliminates Co-CEO Structure; Appoints John Mackey CEO

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Go back to Whole Foods Market Announces Changes to Leadership; Eliminates Co-CEO Structure; Appoints John Mackey CEO

RBC Capital Reiterates Outperform on Whole Foods Market (WFM) Following 4Q Results

November 3, 2016 8:15 AM EDT

RBC Capital reiterated an Outperform rating and $37.00 price target on Whole Foods Market (NASDAQ: WFM) following the company's 4Q earnings report. Whole Foods reported adjusted EPS of $0.28 on $3.50bn of revenue, compared to consensus estimates of $0.24 and $3.51bn, respectively.

Analyst William Kirk... More