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Organic profits: natural foods superstores are doing well. (Money Matters).

Publication: E
Publication Date: 01-JUL-03
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Eco-conscious investors looking to put their money where their mouths are need look no further than natural foods supermarkets ... and NASDAQ. Two of the three leading national chains, Whole Foods and Wild Oats, are publicly traded stocks that have weathered the recent recession. (Trader the...

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...Joe's, number two natural foods retailer after Whole Foods, is privately held).

Analysts report that the overall organic products sector is growing at 25 percent a year thanks to increased consumer demand and new federally mandated clarity in organic labeling. The biggest beneficiaries of that growth may be natural foods grocery chains, which offer volume efficiencies and healthy product mark-ups. Indeed, investors...

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