Description: Buffett joked that nobody smiles at the organic grocer. Investors aren’t either. Shares of Whole Foods plunged due to weak sales growth. Will new stores with cheaper products be the answer to its problems?
Source: CNNMoney.com – video report
Date: May 07, 2015
Questions for Discussions:
- Why is Whole Foods out of favor with Warren Buffett?
- Do you think the current strategy will be enough to deal with the competition?
- Would you be a buyer of any of the companies mentioned in the report?