Whole Foods Market (WFM) Tops Q4 EPS by 4c; Shifts to co-CEO Structure

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Go back to Whole Foods Market (WFM) Tops Q4 EPS by 4c; Shifts to co-CEO Structure

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

November 4, 2016 6:49 AM EDT

BofA/Merrill Lynch downgraded Whole Foods Market (NASDAQ: WFM) from Neutral to Underperform with a price target of $25.00.

For an analyst ratings summary and ratings history on Whole Foods Market click here. For more ratings news on Whole Foods Market click here.

Shares of Whole Foods Market closed at $28.46 yesterday.

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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

Whole Foods Market (WFM) Transitions to co-CEO Leadership Model

November 2, 2016 4:17 PM EDT

The Board of Directors of Whole Foods Market (Nasdaq: WFM) announced changes to the leadership structure, including transitioning from co-Chief Executive Officers to a sole Chief Executive Officer, with co-Founder John Mackey to serve in that capacity.

Walter Robb will remain on the Companys Board of Directors and continue to serve as Chairman for both Whole Kids Foundation and Whole Cities Foundation. He will officially transition his co-CEO responsibilities on December 31, 2016, and will continue to be a senior advisor to the Company. Robb has served the company for 25 years, most recently as... More