Here's a look at the comps Whole Foods has put up on a quarterly basis since 2008. Pretty impressive and you can see that the market's happy to pay up for it today. Can it last though?
They see a market holding 1,000 of their stores and they have 349 open today. At the pace of 10-20 new stores per year that they currently maintain it'll take a loooooong time to get there. When does the market's patience run thin? My bet is when (if) that comps line starts falling over a longer stretch of time we'll know.
They see a market holding 1,000 of their stores and they have 349 open today. At the pace of 10-20 new stores per year that they currently maintain it'll take a loooooong time to get there. When does the market's patience run thin? My bet is when (if) that comps line starts falling over a longer stretch of time we'll know.
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