Company Earnings Update 2 minutesRegister for Free AccessWhole Foods Market (WFM) 3Q16 Results: Mostly In-Line Quarter; Comparable Store Sales Struggling Coresight Research July 27, 2016 Executive Summary Whole Foods Market reported fiscal 3Q16 revenues of $3.7 billion, up 2% year over year and roughly in line with the consensus estimate. Adjusted EPS was $0.37, in line with consensus and representing a 14% decrease from EPS of $0.43 in the year-ago quarter. Comparable store sales decreased by 2.6% in the quarter and transactions were down 2.7%. Year to date, comparable store sales are down 2.4%. The company downgraded its outlook for FY16, citing the year-to-date comparable store sales decrease of 2.4% and continued healthcare costs. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: New Questions Reveal Consumers’ Economic Pessimism: US Consumer Survey Insights 2023, Week 41Generative AI Latest: The EU Digital Services Act, Conversational AI and VMware Explore 2023Holiday 2023: Social Media Strategies—Shoppable Posts and Creator-Generated Content Can Drive ConversionE-Commerce Outlook: US Department Stores—Digital Slows as Consumers Shop in Stores
