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Whole Foods – The super market chain of organic food products
Whole Foods Market Inc. is a very popular supermarket chain in America. The company essentially deals in food, which is preservative free, free from artificial flavorings, sweeteners, as well as hydrogenated fat. Hence, the store basically provides organic food products which are extremely beneficial for health. The products sold here comply with the National Organic Program standards and it will be safe to say that Whole Foods is an organic grocer.
The company started off in the year 1980, in Austin Texas. There are around 431 supermarkets under this franchise, which are located in America, United Kingdom, and Canada. The produce procurement office is located in Watsonville, California and the company currently employs 91,000 people. In March 2005, this Whole Foods Market, Inc. became a fortune 500 company, which added even more credibility to its repute.
Based on 2014 revenue, it was the 30th largest retailer in the United States. The company has set high standards when it comes to selling products. It sticks to selling on USDA certified products which are organic and natural in nature. When it comes to its employees, the company has a four-tier hierarchy. To help the employees in learning more about the products and the nature of products the company deals in, they are provided with a mentoring program before being hired.
As mentioned before it is imperative to realize the financial status of the companies before making any investments. The profit margins and profitability need to be analysed perfectly before taking any decisions. In the year 2016, it was observed that the revenue of Whole Foods Market. Inc. was $15,724 million and the year before in 2015 it was $15,389. The gross profit in 2016 and 2015 was $5,411 million and $5,416 million respectively. The net income showed a slight slump, it was $507 million in 2016 and $536 million in 2015. The company is standing in a pretty good position, and the right kind of investment along with marketing can turn around the profits in a better direction.
The sales revenue in the year 2016 was 15.72 Billion and in 2015, it was 15.39B. The gross income in 2016 was observed at 5.41B and 2015 it was 5.42B. This shows that the company is still very steady and is worth the investment. When compared to the gross income of 2012 which was 4.16B there has been a slow but guaranteed rise in this department. The Net income was observed at 465.57 million in 2012, whereas in 2016, it was 507 million. The years 2013, 2014 and 2015 have shown a net income of 551m, 579m and 536m, respectively.
Status of sales
As noted down with valid data above, the past few years have proven to be pretty food for Whole Foods Market, Inc. the revenues and the profits have shown a growth as compared to 2012, where the situation was looking too grim for the company. With the rise in awareness about organic food and how beneficial it is for health, there are high chances that the company is going to do well in the future, considering its stand to sell organic consumer goods only.
Investing in Whole Food property
Considering the statistical data as well as the graph of financial growth shown by the company, it seems very fair to say that grabbing a franchise or investing in Whole Food Market, Inc. won’t be a bad idea at all. In fact, considering the state of the market today, if worked on properly, the company is bound to yield profits in no time at all.
Whole Foods Properties For Sale Across the United States :
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