• Return to Headlines

Shares of Ingles Markets Rank the Highest in Terms of Future Earnings Growth in the Food Retail Industry (IMKTA, CASY, KR, SVU, WFM)

By Shiri Gupta

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%. Following is Casey's General Stores 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 is tracking the current trend status for Whole Foods Market and will alert subscribers who have WFM in their portfolio or watchlist when shares have changed trend direction.

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

Ticker(s): IMKTA CASY KR SVU WFM