The company hopes to maintain organic growth by continuing U.S. consumption momentum, increasing distribution channels, innovating new products, and increasing productivity and efficiency to offset rising commodity prices.
With quarterly revenue and earnings growth of 21.40% and 68.90% respectively, The Hain Celestial Group, Inc. (NASDAQ:HAIN) is focused on continuing the company’s impressive expansion. With recent acquisitions and organic growth strategy I think the company is a good buy.
2 halves make a…
As you probably know, Whole Foods Market, Inc. (NASDAQ:WFM)s owns and operates a chain of supermarkets that specializes in natural and organic foods. The company’s refreshingly simple strategy is to focus on improving long term sales growth. The company plans to do this by continuing to build its brand that is defined by having high quality standards. An example of this is Whole Foods Market, Inc. (NASDAQ:WFM)’ plan to clearly label all products in U.S. and Canada stores that contain genetically modified organisms, or GMOs. The plan is expected to be completed by 2018, and will make Whole Foods the first supermarket to have this labeling.
Last quarter, the company saw a 19% increase in earnings per share, on a 13% increase in sales. The company also had impressive same-store sales growth of 6.6%. This generated $178 million in free cash. Whole Foods Market, Inc. (NASDAQ:WFM) invested $104 million in new and existing stores, repurchased $37 million worth of shares, and returned $37 million to investors with dividends. The company expects to open 12 new stores this year. Whole Foods Market, Inc. (NASDAQ:WFM) currently has a forward P/E of 29.53 and the company has shown consistent growth in an expanding market.
Conclusion
Annie’s, Hain Celestial, and Whole Foods Market, Inc. (NASDAQ:WFM) know that natural and organic foods are healthy, delicious, and profitable. Each company delivers value to consumers and investors alike. Whole Foods Market, Inc. (NASDAQ:WFM) offers a premium grocery shopping experience for consumers and Annie’s and Hain Celestial help fill the shelves. The organic food industry is still growing, and these three companies should grow right along with it.
Ben Popkin has no position in any stocks mentioned. The Motley Fool recommends Hain Celestial and Whole Foods Market. The Motley Fool owns shares of Hain Celestial and Whole Foods Market. Ben is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.
The article Organic Growth: 3 Healthy Stocks You Should Own originally appeared on Fool.com is written by Ben Popkin.
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