Markets & Finance

Tucker Anthony Sees a Shortfall for Wild Oats


Tucker Anthony sees a Q2 earnings shortfall for Wild Oats (OATS).

Analyst Carole Buyers says she recently learned the company's CFO, Mary Beth Lewis, has departed. She says the company has not yet issued a press release or formal announcement of this change, which suggests that a replacement has not yet been

found. Buyers doesn't find the CFO's departure surprising, given the company's comprehensive debt restructuring and equity financing program.

She views the departure as another indication of instability and lack of visibility. Buyers sees the Q2 EPS report, due in August, falling below her $0.05 EPS (pro forma) estimates. She maintains her market perform rating.


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