LOWER COMP GUIDANCE SINKS WILD OATS' SHARES

BOULDER, Colo. -- Wild Oats Markets here said last week that despite comparable-store sales growth of 5.6% in the third quarter ended Sept. 28, the company was lowering its fourth-quarter comparable-store sales guidance to between 3% and 5.5%, a move that caused concerned investors to send Wild Oats' stock price down more than 25% on Nov. 5, the day the third-quarter results were announced.The stock

BOULDER, Colo. -- Wild Oats Markets here said last week that despite comparable-store sales growth of 5.6% in the third quarter ended Sept. 28, the company was lowering its fourth-quarter comparable-store sales guidance to between 3% and 5.5%, a move that caused concerned investors to send Wild Oats' stock price down more than 25% on Nov. 5, the day the third-quarter results were announced.

The stock was $9.04 at the close of trading Nov. 7, down 19.9% for the week.

The lowe

Register to view the full article

test - Advanced Registered User

Already a member? .