Are California Store Sales Enough Reason for Hope?
Wild Oats stock rose 7% on Friday on word that RBC Capital Markets graded Whole Foods poor stepsister to outperform based on their expected growth in sales for Southern California stores.
Quarterly results will be released August 4th and while NBN hopes that Wild Oats stocks remains strong, word from the streets suggest that lagging sales in new stores in not so hot markets such as Nebraska and Louisville may leave the stock looking much like it has for years, something whose time has not yet come.