Tags: Whole Foods | earnings | sales | grocery

Whole Foods Same-Store Sales Fall for Fourth Straight Quarter

Image: Whole Foods Same-Store Sales Fall for Fourth Straight Quarter
Whole Foods Market said sales fell for the fourth straight quarter. (AP Photo/Julie Jacobson, File)

Wednesday, 27 Jul 2016 04:33 PM

Whole Foods Market Inc on Wednesday said sales at established stores declined for the fourth straight quarter, sending its shares down almost 5 percent in extended trading.

Same-store sales for the third quarter ended July 3 fell 2.6 percent from a year earlier.

Those sales were down 3 percent in the second quarter, 1.8 percent in the first quarter and 0.2 percent in the fourth quarter of the last fiscal year.

Shares of Whole Foods slipped 4.9 percent to $32.01 in after-hours trading, and remained off their all-time high of just above $63 in October 2013.

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Whole Foods Market Inc on Wednesday said sales at established stores declined for the fourth straight quarter, sending its shares down almost 5 percent in extended trading.
Whole Foods, earnings, sales, grocery
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2016-33-27
Wednesday, 27 Jul 2016 04:33 PM
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