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Whole Foods Market Is A Supermarket That Carries Natural And Organic Foods

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Whole Foods Market, Inc is a supermarket that carries natural and organic foods. The company was founded by John Mackey, and Renee Lawson Hardy, who were owners of Safer Way Natural Foods. The other founders are Craig Weller and Mark Skiles who were owners of Clarksville Natural Grocery. They opened their first store in Austin Texas in 1980. In 1992 they completed their initial public offering and under NASDAQ Global Select Market they have the symbol of WFM. As of 2015 they have 431 stores.

Current Situation
Current Performance Whole Foods Market has a year end of September 30th. The most recent financial fiscal year information will be from October, 2014 thru September 27, 2015. According to Form 10-K (P. 23) Whole Foods Market had a “return on investment capital of 13.4% which is a decrease from 2014 fiscal year of 14.7%.” In 2015 they had a net income of $536 million which is also a decrease from 2014, which they reported net income of $579 million. (Form 10-K, P 18). According to “Whole Foods Market, Inc Key Statistics,” Their profitability margin was 3.48% in 2015.” The decreases in their return on investment capital and profitability could be from some strategic initiatives they took on in 2015. These initiatives include, “opening 38 new stores, sales of over $2.1 billion in Exclusive Brands and close to $3.0 billion in prepared foods and baker, their first national brand campaign, implementation of Workday for online HR management, and an introduction

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