Safeway's (SWY) stock looks unsafe at any speed today. It's down more than 15% after the company reported quarterly results.
Supermarkets are notoriously challenging businesses. Take Whole Foods (WFM) out of the equation and nearly every grocery store struggles to generate healthy profit margins. Competition is tight within the industry, and then there's Wal-Mart (WMT). The big box retailer wants to eat every supermarket's lunch, dinner and breakfast.
Safeway's sales dipped during the latest quarter and fell short of what Wall Street analysts were expecting, but the real question is: Why would you shop at Safeway? Think of Whole Foods' gleaming produce aisle, and then picture how one StockTwits trader describes Safeway's stores.
There is one positive indicator from the trading community. It's generally a good thing when insiders buy their stock.
Still, most investors are unconvinced. Safeway and short seem to be somewhat synonymous on StockTwits.
Shares of Whole Foods Market tumbled Thursday after the organic grocery chain narrowed its outlook for sales this year.
Whole Foods (WFM) shares fell 9.4% to end the day at $87.50.
Late Wednesday, Whole Foods said it expects sales at stores open at least one year to rise between 6.6% and 8% in fiscal year 2013. It had previously forecast same-store-sales growth, a key measure of retail demand, to increase between 6.5% MOREBen Rooney - Feb 14, 2013 4:16 PM ET
The Fresh Market (TFM) stock plunged to a six-month low Wednesday after the specialty grocer missed earnings expectations and announced that its CFO will step down next month.
Shares of Greensboro, NC-based company tumbled as much as 19% to $49 a share -- the lowest level since late May.
Fresh Market's third-quarter profit rose 19% to $10.9 million, or 23 cents per share, but that was short of the 26 cents per MOREHibah Yousuf - Nov 28, 2012 12:43 PM ET
Whole Foods (WFM) warned shareholders that it will take a one-time charge for losses related to Hurricane Sandy. Investors raced out of the stock, causing it to drop more than 5% Thursday.
The Sandy-related worries forced investors to ignore an otherwise solid quarter in which sales spiked 24%. Sales at stores open for more than one year jumped 8.5%, and profits rose 49%. Whole Foods CEO John Mackey said the MOREMaureen Farrell - Nov 8, 2012 1:51 PM ET
Talk about your organic growth! Shares of grocer Whole Foods Market (WFM) surged nearly 10% after the company reported results late Wednesday that were far better than estimates.
The rally has to be considered vindication for anyone who stuck with the stock after it got pummeled Friday following a disappointing report from Chipotle Mexican Grill (CMG). Shares fell 7%.
That sell-off was silly. I even called the dip in Whole Foods on MOREPaul R. La Monica - Jul 26, 2012 12:59 PM ET
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