3 ms·
Gross profit margin is not an appropriate indicator, you need to look at actual profit margin here: https://ycharts.com/companies/WFM/profit_margin https://ycha
by fragsworth 9y ago
Gross profit margin is not an appropriate indicator, you need to look at actual profit margin here: https://ycharts.com/companies/WFM/profit_margin https://ycharts.com/companies/WFM/profit_margin
It's closer to ~3%.
When Amazon cuts costs, something about the way Whole Foods does business has to give.