Monday, March 21, 2016

Moody's gives Whole Foods vote of confidence

Moody’s Investors Service gave a vote of confidence Tuesday to Whole Foods Market, saying it expects the company to maintain and strengthen its lead in the organic and natural specialty foods sector despite short-term performance declines.

“Even though intense competition will continue, Whole Foods has the first-mover advantage in this market and is the brand consumers associate most with the organic food movement,” Moody’s said.. . . more

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