Food Retail

Whole Foods Market Inc. (WFMI), one of the leading natural and organic foods supermarkets, recently posted better-than-expected third-quarter 2010 results on the back of strong sales as shoppers flocked to the grocery chain. Quarterly Discussion Whole Foods' quarterly earnings of 38 cents...

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....

Whole Foods Market, Inc. (NASDAQ: WFMI) saw a 3Q EPS of $0.38 was in-line with consensus estimates, according to Deutsche Bank. Sales outlook is positive while margin expansion remains modest. Deutsche has raised FY10 guidance to a range of $1.37-1.39 from $1.33-1.37, and has also provided a...

Whole Foods Market, Inc. (NASDAQ: WFMI) reports Q3 earnings of $0.38 versus estimates of $0.38. Whole Foods Market, Inc. reports Q3 revenues of $2.16 billion versus estimates of $2.14 billion. Whole Foods said it sees Q4 EPS of 27c-29c.

The announcement of Safeway Inc.'s (SWY) second quarter results on July 22, 2010, has triggered a downward revision of estimates among analysts. Second Quarter Highlights Safeway reported an EPS of 37 cents, missing the Zacks Consensus Estimate by a penny. The company had reported an adjusted EPS...

The Pantry, Inc. (Nasdaq: PTRY) announced a fuel supply agreement with Marathon Petroleum Company LLC, the refining, marketing and transportation operations of Marathon Oil Corporation (NYSE: MRO). Under the terms of the agreement, Marathon will supply fuel to more than 600 Pantry locations, with a...

Caseys General Stores Inc (NASDAQ: CASY) shares gained 2.88% to $37.55 at 1:11 pm. The volume of CASY shares traded was 1310% higher than normal. After rejecting $1.9 billion takeover offer from Alimentation Couche-Tard Inc, CASY’s board has planned to buyback about $500 million shares. Buffalo...

Safeway (NYSE: SWY) announced today that it is selling $500 million worth of bonds. These bonds mature in 2020. This is important because Safeway is the first food company to sell bonds since July 2009. Shares of Safeway are trading at $20.26, up 19‎ cents or 0.95%‎ in a fairly flat market.

Shares of Great Atlantic & Pacific Tea Inc. (NYSE: GAP) are higher on the session by 4.60%, currently trading at $2.73. The stock recently cratered (dropping more than 30% in a single day) after the company reported horrific earnings. The stock has been moving lower since January, when GAP was...

In a report released by Jefferies & Co. today, the firm's analysts said that a proprietary survey that they conducted suggests that the name to buy in the supermarket space is Kroger. The analysts wrote that according to the survey, "Kroger's responses were simply bullish, in our opinion, and...

Safeway Inc. (NYSE: SWY) will host a conference call with investors on Thursday, July 22, 2010, at 11:00 a.m. ET (8:00 a.m. PT) to discuss its second quarter earnings. The conference call will be webcast live at http://www.safeway.com/investor_relations. Click on ‘Upcoming Events’ to access the...

J.P. Morgan is out with a research report this morning, where it reiterates its Neutral rating on Safeway (NYSE: SWY) ahead of earnings; it has a $22.00 price target on the stock. The JPM analysts said, “Safeway will report 2Q10 results on July 22nd (BMO). Into the print, we are modeling EPS of $0...

Forbes columnist, Asher Hawkins, came out with an interesting article yesterday regarding the top ten companies most reliant on customer spending. These companies are in such financial straights that, if consumers do not continue to spend, they could be forced to shut their doors. While this may...

Shares of Supervalu Inc. (NYSE: SVU) are lower on the session by 0.78%, currently trading at $10.81. The stock has been trading largely lower over the past four months, with little to no rally along the way. Options traders are selling puts on SVU today. The January $10.00 strike was sold 3,550...