Business Insider -
5 May 2016 15:42
AP Whole Foods investors should be worried. The company reported second-quarter earnings on Wednesday that were a mixed bag. Earnings per share beat analyst expectations, but sales at stores open at least a year fell 3% — a larger drop than Wall street had forecast. Total sales increased by 1.3% to $3.7 billion, however that's "a very meager outcome" considering the company has opened 16 new stores so far this year, according to Carter Harrison, analyst for retail consulting firm Conlumino.Inv...
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