If You Think Their Food Is Expensive Look at The Stock (WFM)
By David Nelson, CFA After the bell today Whole Foods (WFM) is scheduled to report earnings with a conference call at 5 P.M. Whole Foods (WFM) is a wonderful company but no longer deserves the super high multiple it’s enjoyed over the last decade. Regardless, of today’s release, I believe over time the earnings multiple for […]
YOU ARE WHAT YOU EAT!
By David Nelson, CFA With sales growth stagnant for many of our nation’s leading consumer brands, growth investors have found the sector problematic. More than 2/3 of companies represented in the consumer staples sector of the S&P 500, have underperformed the index in 2013. The saving grace for some of America’s largest brand names was […]