AUSTIN, Texas β€” Wall Street reacted with some dismay last week at the decelerating fortunes of Whole Foods Market here, which reported the lowest comparable-store sales number in its 28-year history β€” a 2.6% gain for the third quarter that ended July 6. The stock price fell 18% after the results were announced, and industry analysts said sales and declining earnings could take a while to recover. β€œThe company's near-term growth prospects have decreased,” Meredith Adler, an analyst with ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

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.

Click here to read the FAQ page if you have any questions (opens in a new window)

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.

Already registered? here.