"rinconhillneighbors" declare : Whole Foods Announces Financial Results, Store Closures – Rincon Hill News

Same-store sales dropped 2.4 percent last quarter, more than the 1.7 percent decline predicted by analysts. Whole Foods Market (NASDAQ:WFM) reported what is arguably its worst performance in a decade in its financial results Wednesday. He says that the company is working on getting its expenses under control after six straight quarters of declining same-store sales. The company now expects same-store sales to decline as much as 2.5 percent this year. Same-store sales declined 3.2 percent in the current quarter through Feb. 5.


as informed in ENCINITAS, CA – Whole Foods Market in Encinitas is set to close later this month, the company announced. The Encinitas store is set to close its doors Feb. 22. Whole Foods has three other San Diego County stores – located in Del Mar, Hillcrest and La Jolla – that are not impacted by the planned closings. Image by Open Grid Scheduler / Grid Engine via flickr.com, used under Creative Commons The store, which is located at 687 South Coast Highway 101, is one of nine sites the grocery store chain intends to shut down due to falling sales.


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collected by :John Miller