Investors often overlook SEC filings, and it is the job of the 10Q Detective to dig through businesses’ 8-K and 10-Q SEC filings, looking for financial statement ‘soft spots,'(depreciation policies, warranty reserves, and restructuring charges, etc.)that may materially impact Quality of Earnings.
Tuesday, January 27, 2009
Egalitarianism Prevails at Whole Foods Market
In fiscal 2008, the compensation and benefits program of organic grocer Whole Foods Market (WFMI-$11.48) continued to reflect the company’s philosophy of egalitarianism. Cash compensation (salary and non-equity bonuses) for executives remains capped at a multiple of 19 times the average annual wage of hourly workers, or $652,400 and $34,334, respectively…. Read More…
Editor David J Phillips does not hold a financial interest in any stocks mentioned in this article. The 10Q Detective has a Full Disclosure Policy.