Thursday, May 10, 2007

Whole foods profit declines

Store costs weigh on Whole Foods profit (Reuters)

A display is seen inside a Whole Foods Market store, in an undated file photo. Whole Foods Market Inc., the largest natural and organic grocery chain, posted a wider-than-expected 11.2 percent decline in quarterly profit due to store-opening costs, and its shares fell as much as 6.7 percent after hours. (PRNewsFoto/Whole Foods Market/Reuters)Reuters - Whole Foods Market Inc. , the largest natural and organic grocery chain, posted a wider-than-expected 11.2 percent decline in quarterly profit due to store-opening costs, and its shares fell as much as 6.7 percent after hours.


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