Whole Foods Market (WFM) reported earnings on Wed 4 Nov 2015 (after close)

** charts before earnings **

** charts after earnings **

Whole Foods misses by $0.10, reports revs in-line; guides FY16 revs below consensus; adds $1 bln to buyback, raises dividend 4% :

• Reports Q4 (Sep) earnings of $0.24 per share, excluding non-recurring items, $0.10 worse than the Capital IQ Consensus of $0.34; revenues rose 5.6% year/year to $3.44 bln vs the $3.47 bln Capital IQ Consensus.
  • Q4 comps -0.2%.
• Co issues downside guidance for FY16, sees FY16 revs +3-5% to ~$15.85-16.16 bln vs. $16.59 bln Capital IQ Consensus Estimate. 
  • Q1 comps down 2.1% through November 1.
• Company's Board of Directors has authorized a new $1 billion share repurchase program, bringing the Company's total share repurchase authorization to $1.3 billion.
• In addition, the Board declared a 4% increase in the quarterly dividend to $0.135 per share from $0.13 per share, the Company's fifth consecutive dividend increase since reinstating the dividend in 2011.

© Artremis / Eva Sawicka (11/5/15)