Trade with Eva : Analytics in action: WFM

Showing posts with label WFM. Show all posts

Thursday, July 28, 2016

Q3 revenue misses estimates and co guides Q4 revenue and EPS slightly below expecations.

** charts before earnings **

** charts after earnings **

Whole Foods beats by $0.06, reports revs in-line; reaffirms FY16 revs guidance :

Reports Q1 (Dec) earnings of $0.46 per share, $0.06 better than the Capital IQ Consensus of $0.40; revenues rose 3.4% year/year to $4.83 bln vs the $4.81 bln Capital IQ Consensus.
- Comps fell 1.8 % vs. ests near -2%
Co reaffirms guidance for FY16, sees FY16 revs +3-5% to ~$15.85-16.16 bln vs. $16 bln Capital IQ Consensus. EBITDA margin of ~8.5% The Company is hopeful that comps will improve over the course of the year as comparisons get easier and sales-building initiatives gain traction; however, there could be some offsetting impact from a ramp up in price investments and promotions throughout the year. The 3% to 5% sales outlook for the year reflects comps of -2% to 0%. Based on year-to-date results, the Company now expects a decline in operating margin for the fiscal year of up to 70 basis points from the 6.1% reported last year excluding fourth quarter charges.

** 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.