Sunday, August 1, 2010

Evaluation of Whole Foods Market, Inc

Whole Foods Market, Inc (http://www.wholefoodsmarket.com/ ) (Ticker Symbol: WFMI) engages in the ownership and operation of natural and organic food supermarkets. The company was founded in 1978 and is headquartered in Austin, Texas. As of September 2009, Whole Foods Market operated 284 stores in the United States, Canada, and the United Kingdom.
As of September 27, 2009, Whole Foods Market had a net income of $146,804,000 and long term debt of $738,848,000. Its 52 week stock price range as of July 31, 2010 was $24.12 – 43.18.

Whole Foods Market offers organic and local food products as well as other non organic products. It was the first major retailer to offset 100% of its energy use with wind energy credits. Whole Foods Market has received many EPA awards dealing with environmental performance. Also, many of their stores are LEED rated.

Whole Foods Market is a Green Business that is on its way to being a Basic Green Business. This company is currently undervalued, because of its outstanding environmental performance and its leading position it the retail grocery market for natural and organic food.

Sources:
Yahoo Finance
Whole Foods Market website
Visits to stores

Gothic Green Blogs and Sites:

http://www.gothicgreen.biz/ The Formula of Sustainable Design
http://www.gothicgreen.net/ Green Social Niche
http://greenbusiness.livejournal.com/ Gothic Green Business Journal
http://www.gothicgreen.info/ Sustainable Concepts and Designs by Gothic Green