Whole Foods: Not Just a Sell. A Strong Sell.
July 28, 2016 at 10:08 AM EDT
Analysts aren't known for putting Sell ratings on stocks--and even rarer to see one cut a stock from Sell to Strong Sell. But that's just what S&P Global Market Intelligence's Joe Agnese has done with Whole Foods Market ( WFM ) today. Whole Foods reported a profit of 37 cents a share on sales of $3.7 billion, both meeting analyst forecasts. But same-store sales were light, and Agnese doesn't expect it to get much better:
