Whole Foods Market, Inc. (WFM) Misses Q2 EPS by 3c; Guides Below the Street

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Whole Foods' (WFM) Results, Outlook Wreck an Entire Sector (TFM) (SFM) (NGVC)

May 7, 2014 9:41 AM EDT

Disappointing results and guidance from Whole Foods Market, Inc. (NASDAQ: WFM) is burying the entire organic grocer sector today. Looking around the sector, the carnage is clear: Fresh Market, Inc. (NYSE:... More

Goldman Sachs Comments on Whole Foods Market's (WFM) Q2

May 7, 2014 9:31 AM EDT

Goldman Sachs maintained a Neutral rating on Whole Foods Market (NASDAQ: WFM) and reduced its price target to $48.00 (from $55.00). The change follows disappointing Q2 results.

Analyst Stephen Grambling said, "We reduce our estimates to $1.54/$1.77/$2.05 from $1.62/$1.90/$2.22 to factor ongoing margin pressure that is only... More

Deutsche Bank Cuts Sprouts Farmers Market (SFM) to Hold After Whole Foods (WFM) Results Miss

May 7, 2014 9:16 AM EDT

Deutsche Bank downgraded Sprouts Farmers Market (NASDAQ: SFM) from Buy to Hold with a price target of $30.00 (from $45.00).

Analyst Karen Short said, "While we believe SFM will continue to take share and believe fundamentals... More

Jefferies Downgrades Whole Foods Market (WFM) to Hold

May 7, 2014 8:40 AM EDT

Jefferies downgraded Whole Foods Market (NASDAQ: WFM) from Buy to Hold with a price target of $46.00 (from $61.00).

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 $47.95 yesterday.

... More

Argus Upgrades Whole Foods Market (WFM) to Buy

May 7, 2014 8:21 AM EDT

Argus upgraded Whole Foods Market (NASDAQ: WFM) from Hold to Buy.

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 $47.95 yesterday.

... More

UPDATE: Piper Jaffray Downgrades Whole Foods Market (WFM) to Neutral

May 7, 2014 7:18 AM EDT

(Updated - May 7, 2014 7:53 AM EDT)

Piper Jaffray downgraded Whole Foods Market (NASDAQ: WFM) from Overweight to Neutral with a price target of $44.00 (from $60.00).

Analyst Sean P. Naughton said, "Last night, Whole Foods reported disappointing earnings and comps which decelerated to 4.5% in... More

Sterne Agee Downgrades Whole Foods Market (WFM) to Neutral

May 7, 2014 7:17 AM EDT

Sterne Agee downgraded Whole Foods Market (NASDAQ: WFM) from Buy to Neutral with a price target of $40.00 (from $60.00).

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 $47.95 yesterday.

... More

Sterne Agee Downgrades The Fresh Market (TFM) to Underperform

May 7, 2014 7:15 AM EDT

Sterne Agee downgraded The Fresh Market (NASDAQ: TFM) from Neutral to Underperform with a price target of $29.00 (from $35.00).

For an analyst ratings summary and ratings history on The Fresh Market click here. For more ratings news on The Fresh Market click here.

Shares of The Fresh Market closed at $35.83 yesterday.

... More

Deutsche Bank Downgrades Whole Foods Market (WFM) to Hold

May 7, 2014 6:55 AM EDT

Deutsche Bank downgraded Whole Foods Market (NASDAQ: WFM) from Buy to Hold with a price target of $40.00 (from $60.00).

Analyst Karen Short said, "Natural retailers account for 4% of total supermarket units today - an indication... More

Cantor Fitzgerald Cuts Whole Foods Market (WFM) to Sell

May 7, 2014 6:53 AM EDT

Cantor Fitzgerald downgraded Whole Foods Market (NASDAQ: WFM) from Hold to Sell with a price target of $38.00 (from $48.00).

"Virtually all of the metrics in Whole Foods' latest earnings were materially worse than our expectations. We think it's appropriate that management is taking a gradual and measured approach toward price investments while providing... More

BMO Capital Downgrades Whole Foods Market (WFM) to Market Perform

May 7, 2014 6:29 AM EDT

BMO Capital downgraded Whole Foods Market (NASDAQ: WFM) from Outperform to Market Perform with a price target of $40.00 (from $65.00) following Q2 results, noting the competitive environment is sverwhelming the outlook.

Analyst Kelly Bania comments, "We are downgrading WFM shares to Market Perform as we believe we have likely underestimated the nature of the accelerating competitive environment, which has resulted in a more uncertain outlook for... More