The Austin-based chain — once jokingly known as "whole paycheck" — is increasingly benefiting from economies of scale, meaning that things get cheaper when it buys in larger quantities, as Kyle Stock $4.
With lower prices and more sales, Whole Foods has been able to penetrate smaller or less affluent cities, $4 and Detroit.
The brand still has a ways to go, with 349 stores compared to $4 and $4, but it's getting there.
The stock market agrees. Whole Foods stock trades at a 38.35 price-to-earnings ratio, compared with
At the same time, Whole Foods maintains the highest sales per square foot in the industry.
"If we can be relevant on price, we can get to the quality conversation that we really want to have," co-CEO Walter Robb $4