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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: Weekly US and UK Store Openings and Closures Tracker 2023, Week 1: US Openings Up 17%Consumers Report Strong Financial Health: US Consumer Survey InsightsWeekly US and UK Store Openings and Closures Tracker 2024, Week 43: Bye Bye, buybuy Baby (Again); Welcome Back, Bed Bath & BeyondThree Things You Need To Know: Leading Indicators of US Retail Sales—December 2022
