AUSTIN, Texas -- Analysts are expecting meager earnings growth from the formerly high-flying Whole Foods Markets when the company reports its first-quarter results this Wednesday. The consensus earnings per share is at 41 cents, just 2.5% above last year‘s results. “Below-trend EPS growth, which could be the norm in 2007, is largely due to higher pre-opening expenses,” wrote Goldman Sachs analyst John Heinbockel in a research note. The weak earnings also reflect lower projected comp-store ...
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 complimentary access to the SN salary survey data tables.
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.