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International, and unclear if subsidiaries like WFM come into play in this?
by newobj 9y ago
International, and unclear if subsidiaries like WFM come into play in this?
- adventured 9y agoThey note in the release that Whole Foods accounted for $1.3 billion in sales. Excluding Whole Foods sales and favorable exchange rates, growth was 29%.
- twoodfin 9y agoHaven’t followed the numbers closely, so pretty shocked that WF is only pulling in $1.3B/quarter. That means the average American household is spending $3-4/month there. Plenty of room to grow!
- kgwgk 9y agoThere is only one month of Whole Foods in Amazon's quarterly results.
- runako 9y agoWF has < 500 stores, slightly more than the number of Apple stores. People will travel further distances to buy an iPhone than perishables. Apple stores also draw in people for repairs, etc. via their online presence (e.g. buy online, pick up in store). WF is 100% in-store. It's astonishing WF is able to generate this level of revenue on so relatively few stores.
- kgwgk 9y agoInternational was actually a drag (29% compared to North America 35% and AWS 42%) Edit: but I guess I should exclude Whole Foods and in that case North America growth is 28%.