I would take this opportunity to thank my research supervisor, family and friends for their support and guidance without which this research would not have been possible.
Executive Summary
Whole Foods Markets, Inc is the largest retailer of natural products. The company sells natural and organic foods in more than 100 stores in the following categories: products, groceries, meat, poultry, seafood, bakery, prepared food, specialty (beer / wine / cheese), nutritional supplements, body care, products for Animals, flowers, household products and alternative pharmacies. WFMI has about 20,000 items of food and consumer goods all evaluation results show that it is difficult to justify the current stock price of food in total. Its historical revenue growth and profits are quite impressive and the company will continue to rise moderately. Nevertheless, we believe that its growth will be aligned with the long-term due to market saturation due to increased competition. We believe that this company is well managed, but we also believe that most current price the stock for future expansion capabilities are already included. We believe this company is well "buy" opportunity, if trade between $ 30 to $ 45 range as our estimate indicates. However, at its current market price of about $ 54, we recommend "hold".
Table of Contents
INTRODUCTION6
MISSION/EXTERNAL ANALYSIS7
THE VALUE CHAIN ANALYSIS8
PESTEL ANALYSIS9
POLITICAL9
ECONOMIC10
SOCIAL12
TECHNOLOGICAL12
ENVIRONMENTAL13
LEGAL14
PORTER'S FIVE FORCES ANALYSIS14
THREAT OF ALTERNATE GOODS AND SERVICES15
THREAT OF APPLICATION OF NEW COMPETITORS15
INTENSITY OF COMPARABLE RIVALRY16
BARGAINING POWER OF BUYERS16
BARGAINING POWER OF SUPPLIERS17
SWOT17
STRENGTHS17
STRONG INCOME GROWTH17
FOCUSED DEVELOPMENT STRATEGY18
WIDE MERCHANDISE PORTFOLIO19
WEAKNESSES19
WEAK WORLDWIDE OPERATIONS19
CONSERVATIVE ADVOCATING POLICY20
INCREASING RENTAL EXPENSES20
OPPORTUNITIES21
HIGHER DEMAND FOR ORGANIC PRODUCTS21
EXPANSION IN THE UK21
GROWTH IN PERSONAL MARK PRODUCTS22
THREATS23
INCREASING COMPETITION23
LABELING AND OTHER REGULATIONS24
SLOWDOWN IN THE US ECONOMY24
FINANCIAL ANALYSIS25
BALANCE SHEET25
INCOME STATEMENT26
STATEMENT OF STOCKHOLDERS' EQUITY26
CASH FLOW STATEMENT27
SEGMENT ANALYSIS27
SIGNIFICANT RATIO INVESTIGATION27
COMPARISONS TO GROCERY INDUSTRY27
COMPARISONS TO BEST IN RETAIL CLASS29
FORECASTING30
SALES30
GROSS MARGIN30
EBITDA31
EBIT31
WORKING CAPITAL31
CAPITAL EXPENDITURES32
INVESTMENT PROSPECTS: THE PRESENT OPENING32
RECENT HAPPENINGS32
REPORT POWERFUL FOURTH QUARTER OUTCOMES32
SET GOALS FOR FY 200332
CONTINUE TO OPEN NEW SHOPS33
WALL ROAD ANALYST INSIGHTS33
INCREASED AFFRAY33
CONSUMER SPENDING34
PRODUCT LIABILITY ASSERTIONS34
OVERVIEW OF CAPITAL MARKET DANGERS34
CATEGORY KILLER PREMIUM34
EMPLOYEE SUPPLY CHOICES35
BETA35
CONCLUSION35
REFERENCES38
Strategic Management
Introduction
Concern for the environment and consumer dissatisfaction with accepted food has directed in latest years to an increasing concern in organic agriculture and food. Turkey as a making territory may be in an exclusive place in Europe to exploit its likeness of a green unpolluted environment. These item agreements with the present rank of the organic food market in Turkey.
Key success factors they require to open in Turkey
The most influential communal component, which can be glimpsed as a decisive opening for Whole Foods in Turkey present Health Consciousness state.
Stopes and Woodward in the United Kingdom resolve that the market for organically made food has been mostly consumer led. They ascribe this concern to four anxieties held by consumers:
* Concern over wellbeing dangers leveraging consumers to buy foods which are seen or designated as healthy.
* The seen promise wellbeing risk affiliated with the utilisation of food additives utilised for preservation, tinting and type of flavor inside the food industry.
* Growing anxiety over the promise hazard of the residues of agro-chemicals utilised in the output of ...