|
|
News Breaks | | | | October 26, 2012 | | 08:13 EDT |  | WFM | Whole Foods Market acquires leases to six Johnnie's Foodmaster locations
Whole Foods Market announced an agreement to purchase six leases from Johnnie's Foodmaster, a family-owned grocery chain based in Chelsea, Massachusetts. The transaction is expected to close Nov. 30. Johnnie's Foodmaster will close all six locations prior to the closing date. The six leases include South Weymouth, Arlington, Charlestown, Brookline, Melrose and Somerville and average 31,000 square feet in size. Whole Foods Market intends to remodel each location, with the goal of reopening all six stores before the end of its 2013 fiscal year. Whole Foods Market does not expect the transaction to be material to sales or earnings for FY13. The terms of the agreement are not being disclosed, but as part of the agreement, Whole Foods Market has guaranteed interviews to all Johnnie's Foodmaster employees at the six acquired locations with the goal of hiring as many as possible. | |
|
News For WFM From The Last 14 Days Check below for free stories on WFM the last two weeks. |
|
|
| May 20, 2013 | | 09:34 EDT |  | WFM, WFM | Whole Foods mentioned cautiously.com at OTR Global
| | | May 8, 2013 | | 17:01 EDT |  | WFM | On The Fly: Closing Wrap
Stocks on Wall Street were higher again, pushing the Dow and S&P to new record levels. A late afternoon move down to the flatline made it seem like the recent winning streak was set to end, but the averages quickly reversed higher and closed firmly in positive ground. ECONOMIC EVENTS: In the U.S., the light economic calendar included MBA's report on mortgage applications, which were up 7%, and the EIA's petroleum status report, which showed crude oil inventories built up by less than was expected last week. In Europe, German industrial production increased 1.2% month-over-month in March, beating expectations for a 0.1% decline. In Asia, Chinese trade data showed exports climbed 14.7% in April, while imports were up 16.8%. However, some analysts expressed caution that the strong export gains should be viewed with some level of skepticism. COMPANY NEWS: Dow member Disney (DIS) beat expectations on the top and bottom line and price targets on the stock were raised at several firms, but shares slid 8c, or 0.12%, to $65.99... J.C. Penney (JCP) released preliminary Q1 results last night, including comparable store sales that were down 16.6% and revenue of $2.64B, which was below expectations. However, the results were enough to send shares of the heavily-shorted retailer up $1.21, or 7.38%, to $17.61. MAJOR MOVERS: Among the notable gainers was Whole Foods Market (WFM), up $9.39, or 10.12%, to $102.19 after earnings beat estimates, the company raised its full year outlook and announced a two-for-one stock split. Also higher were shares of Dex Media (DXM), up $2.84, or 20.71%, to $16.55 after Kyle Bass, presenting at the Sohn Investing Conference, said the company's stock could trade up to 5 times higher than current levels in 3 years. Among the noteworthy losers was Fusion-io (FIO), down $3.40, or 18.89%, to $14.60 after its CEO and chief marketing officer resigned and shares were downgraded by at least two analyst firms. Also lower following its earnings report was Zillow (Z), which fell $6.26, or 9.95%, to $56.68. INDICES: The Dow was up 48.92, or 0.32%, to 15,105.12; the Nasdaq was up 16.64, or 0.49%, to 3,413.27; and the S&P 500 was up 6.73, or 0.41%, to 1,632.69. | | | 12:20 EDT | | WFM | On The Fly: Midday Wrap
 Subscribe for More Information | | | 09:50 EDT |  | WFM | Whole Foods gaps up sharply after results, levels to watch
The shares are up over 8% at time of writing, just shy of the life high at $101.86. Support is at $99.89. The company raised fiscal year 2013 EPS guidance to a range of $2.86 to $2.89 versus consensus of $2.87. Earnings for its Q2 beat by 3 cents. A two-for-one stock split was also declared. Deutsche Bank raised its price target to $112. | | | 09:37 EDT |  | WFM | Active equity option families trading on open
Subscribe for More Information | | | 09:24 EDT | | WFM | On The Fly: Pre-market Movers
UP AFTER EARNINGS: Myriad Genetics (MYGN), up 9%... Electronic Arts (EA), up 7.4%... Cognizant (CTSH), up 5.2%. ALSO HIGHER: Whole Foods (WFM), up 8.5% after earnings, raising guidance, announcing two-for-one stock split... BlackBerry (BBRY), up 2% after Macquarie says stock setting up for bounce and Jefferies says Q10 demand remains robust... Delta (DAL), up 0.7% after initiating 6c dividend, authorizing $500M share buyback. DOWN AFTER EARNINGS: ValueClick (VCLK), down 20%... Axiall (AXLL), down 8.4%... Zillow (Z), down 5.1%... SodaStream (SODA), down 6%... Symantec (SYMC), down 5.8%... AOL (AOL), down 4.6%. ALSO LOWER: Fusion-io (FIO), down 26% after resignations of CEO, Chief Marketing Officer. | | | 07:48 EDT | | WFM | Whole Foods likely to raise guidance again, says Cantor
Subscribe for More Information | | | 06:15 EDT | | WFM | Whole Foods price target raised to $112 from $100 at Deutsche Bank
Subscribe for More Information | |
|
|
|
|
|
|
