Highest Return on Equity in the Food Retail Industry Detected in Shares of Kroger (KR, CASY, WFM, VLGEA, IMKTA)
Below are the three companies in the Food Retail industry with the highest return on equity. The ROE is a general indication of the company's efficiency; investors usually look for companies with ROEs that are high and are growing.
Kroger ranks highest with a ROE of 35.4%. Following is Casey's General Stores with a ROE of 22.5%. Whole Foods Market ranks third highest with a ROE of 14.1%.
Village Super Market follows with a ROE of 13.8%, and Ingles Markets rounds out the top five with a ROE of 12.3%.
SmarTrend recommended that subscribers consider buying shares of Village Super Market on May 11th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $25.62. Since that recommendation, shares of Village Super Market have risen 23.4%. We continue to monitor Village Super Market for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: highest return on equity Kroger casey's general stores Whole Foods Market village super market ingles markets