AUSTIN, Texas -- Whole Foods Market here last week posted a sharp decline in fourth-quarter profits, although the natural food retailer continues to far outpace traditional operators in its top-line sales growth. The company said a combination of factors hurt the bottom line in the 12-week fourth quarter that ended Sept. 25, including higher pre-opening expenses related to larger store size and the number of prepared food departments, a non-recurring charge for estimated losses from ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.