AUSTIN, Texas -- Whole Foods Market here experienced increased sales but decreased earnings due to extraordinary charges incurred during the third quarter ended July 2. Sales increased 23.1% from $97.4 million to $119.9 million. Same-store sales increased about 7.1%, the company said. Net income fell 54.5%, from $2.2 million to $1 million. The company incurred a charge of $2.3 million due to the relocation and consolidation of three stores into two and the relocation of corporate ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.