1. How well is Whole Foods Market performing from a financial perspective? Use financial ratios as a basis for doing your assessment of the company’s financial statements and financial condition.
2. What recommendations would you make to John Mackey regarding the actions that Whole Foods’ management needs to take to get through the recession that began in 2008? Should the company severely cut back on opening so many new stores? Should the company vigorously contest the reopening of the FTC’s challenge to the Wild Oats acquisition? Are there any other strategy changes needed?