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Jefferies analyst Mark Wiltamuth asks $WFM to talk about the categories where it is seeing disinflation. COO A.C. Gallo says that the company saw deflation in beef costs and in actual retail prices mainly due to expanded promotion strategy. $WFM also saw deflation in its bulk products like almonds where prices dropped off the cliff.
$AAL is getting stronger into Dec. after a strong Nov..!! I’m feeling confident about their 4Q revenue forecast for a margin rise.
$KO’s CEO Muhtar Kent to step down next year. COO James Quincey will take the helm in what is already a smooth sailing scenario. And as always, shares reflect by growing 2% after the market opened.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.