Whole Foods' Long-Term Dominance
Whole Foods has been a remarkable success story in the grocery space as consumers flock to organic offerings. But Fool analyst Anand Chokkavelu points out some numbers that may surprise you. Over the past 20 years, the company has averaged 26% sales growth, and within the past 10 years, it's had more than 7% same-store-sales growth. Those are amazing numbers, especially through a recession.
It's yet another example of how picking quality companies can be outsized winners for decades. It's darn hard to find them, but when you do, you see growth like Whole Foods'. Anand explains in the following video.
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The article Whole Foods' Long-Term Dominance originally appeared on Fool.com.Anand Chokkavelu and The Motley Fool own shares of Whole Foods. Andrew Tonner has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Whole Foods Market. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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