• Return to Headlines

Relatively High Future Earnings Growth Detected in Shares of Ingles Markets in the Food Retail Industry (IMKTA, CASY, KR, SVU, WFM)

By Amy Schwartz

Below are the three companies in the Food Retail industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.

Ingles Markets ranks highest with a future earnings growth of 15.3%. Casey's General Stores is next with a future earnings growth of 9.3%. Kroger ranks third highest with a future earnings growth of 9.1%.

SUPERVALU follows with a future earnings growth of 5.7%, and Whole Foods Market rounds out the top five with a future earnings growth of 5.6%.

SmarTrend recommended that its subscribers protect gains by selling shares of Whole Foods Market on July 28th, 2016 by issuing a Downtrend alert when the shares were trading at $31.09. Since that call, shares of Whole Foods Market have fallen 9.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: highest future earnings growth ingles markets casey's general stores Kroger SuperValu Whole Foods Market

Ticker(s): IMKTA CASY KR SVU WFM