Whole Foods Market (NASDAQ:WFM) Sale Tumbles on Softening Same-Store Sales – WFM, KR, TFM, SWY

The Austin, Texas-based Whole Foods Market, Inc (NASDAQ:WFM) reported on Wednesday that sales at established stores up to now current quarter softened from the earlier period. Shares of the biggest United States natural and organic grocery chain tumbled 6.1% after the finish.

The company is the best-performing publicly held United States grocer and its shares often jump when its results and estimates do not exceed forecasts.

Same-store sales of Whole Foods Market moved up 7.2% for the fiscal Q1 that finished January 20. The company still narrowed its 2013 estimate for expansion in sales at established stores to a range of 6.6% to 8% from 6.5% to 8.5% earlier.

Whole Foods Market also reported net income in fiscal Q1 moved up 24% to $146 million or 78 cents a share. Total sales hiked 14% to $3.9 billion.

Shifting reader’s focus to broader market, let us consider market performance of other stocks that significantly affect same sector. The Kroger Co. (NYSE:KR) rose +0.25% to settle at $28.46, The Fresh Market Inc (NASDAQ:TFM) moved up +1.00% to end at $50.29 while Safeway Inc. (NYSE:SWY) jumped +1.57% to finish at $20.74 on Wednesday.

Whole Foods Market, Inc. (NASDAQ:WFM) last session’s volume of 3.11 million shares was surprisingly higher than its average volume of 1.59 million shares. The stock after opening at $96.70 hit high price of $96.93 and then closed at $96.90 by scoring +0.82%.

The liquidity measure in recent quarter results of the company was recorded 2.15 as current ratio and on the other side the debt to equity ratio was 0.01 and long-term debt to equity ratio remained at 0.01. The Company had total cash of $1.22 billion at hand and a book value per share as $20.50 in the most recent quarter.

The stock’s price volatility was 1.46% for a week and 1.42% for a month as well as price volatility’s Average True Range for 14 days was 1.51 and its beta remained at 1.01.

WFM generated revenue of $11.70 billion in the previous twelve months and earned $465.57 million. The Company showed a positive 3.98% in the net profit margin as well as in its operating margin which remained at 6.36%. Company’s annual sales growth for the past five years was 12.16%.

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