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Finance

Analyzing Whole Foods’ Store Performance and Profitability

Whole Foods’ store performance has long been one of the envies of the grocery industry. The company gave one of the best sales per square foot during the past five fiscal years (fiscal 2011–fiscal 2015). During that five-year period, sales per square foot for the company averaged ~$950, compared to Kroger Company’s (KR) $623, The Fresh Market’s (TFM) $497, and Supervalu’s (SVU) $573.

Whole Foods has only trailed Costco Wholesale Corporation (COST) in per-foot sales metrics—Costco averaged more than $1100 between fiscal 2011 and fiscal 2015—but we should note that Costco operates more as a wholesaler, focusing on bulk sales. Whole Foods is looking at a per-square-foot growth of 7% or greater in fiscal 2016.

We should note here that the above comparison is for Whole Foods’ latest fiscal year, fiscal 2015, which ended on September 27, 2015. The year-end dates for fiscal 2015 for the above retailers are as follows:

  1. Costco—August 30, 2015
  2. Kroger—January 31, 2015
  3. Whole Foods—September 27, 2015
  4. The Fresh Market—January 25, 2015
  5. Wal-Mart Stores—January 31, 2015

View more information: https://marketrealist.com/2015/11/analyzing-whole-foods-store-performance-profitability/

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