Anyone know what percentage of company Vangaurd group owns? I know it is largest, and Jana now owns second most. Is 8% enough to force change?
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Its or It's?
its called google.
the ownership summary is provided by nasdaq:
http://www.nasdaq.com/symbol/wfm/ownership-summary
I used to work at Walgreen's and I don't hate Walgreen's. I used to work at Publix and I don't hate Publix. I used to work in trucking and I don't hate trucking companies. I worked for a big drugmaker and I don't hate that company. But I used to work at WFM and you know what? I HATE WFM. Multiply that emotion by the tens of thousands of people who feel the same way and you've got something called karma. Usually, a business' former employees and their friends and families are a natural customer base. In this case, they're your enemies. What goes around comes around. I have a new career and am continuing my education, but I will never -- NEVER -- shop at WFM if I can avoid it and I always encourage everyone I know to take their money elsewhere. Please believe it.
The Kroger speculation is just the latest in a serious of BS attempts to pump and dump this stock. If Kroger wasn't interested at $27 (and they weren't), they're going to be even LESS interested at $35+. Every potential partner and investor group has looked at this hot mess nine ways to Sunday, and the takeaway is always the same: It's a freakin' damaged brand name and nothing more. The debt appears to be low because the company uses aggressive off-balance sheet capital lease accounting. Its technology is antiquated, costs are high, and there is no moat. Competitors now have highly established natural and organics business lines. NOBODY NEEDS US and the trend is getting worse for us, not better. I bet that Jana and that stupid food blogger partner of theirs are actually just looking for a quick buck. "Oh, look everyone, we bought up 8.1% of the company when it hit what seemed to be rock bottom, and now let's get the financial press and various rumour-mongers to talk about getting the company to magically 'DO SOMETHING' to fix itself and launch another speculative price run-up in the shares." Note that this is something we haven't been able to ever do, which is to clean house of all the conflicts of interest, unite the regions and eliminate the idiotic bureaucracy and inefficiencies, update the logistics and technology, get the right goods consistently on the shelf in every market at the right time, and effectively compete. And now you can add fix the disastrous labour relations from current and ex-employees as well as the public perception that this company is sinking like a stone. IT'S NOT GOING TO WORK!
Wow, if there was only a way to look up answers to questions like this???
Can't honestly think folks with an education and actual business experience would approach WFM with a buy. Amazon surely saw how bloated an operation we are. We are lean where we shouldn't be and extremely top heavy with folks that only forward emails all day and walk around hoping they can find someone to bully, or maybe that's just the office I work in.
All insiders own .81% so Mackey probably has about 400- 500k shares which is about .12% so a tenth of 1 percent.
I thought Goldman Sachs owned a huge share as well. Anyone know how much Mackey owns?
Amazon passed on buying last year after thorough investigation of operations. Then wfm went into panic mode and implemented the SOP and work force reduction. Kroger will eventually consume wfm in order to move their brand forward. All eyes on September...start packing that hiking bag...time for reflection once again!
The company as a whole has like 55%-60% hedge fund/wall street ownership..this s.o.p crap is wfm dumbing down buyer and tl positions. making these positions on the next chopping block which will lower labor and make us look more attractive for a buyout
They will do what they did with the 6% they owned of Safeway... Fix it, turn it around, convince the other shareholders to sell it to the highest buyer. At the end of the day, investors want their money back.
Vanguard owns 9.35% so Jana is not far behind- however if you look at how much money they made since the announcement they could cash out now with a nice chunk of the Hole!!
No