Whole Foods’ Q1 Comps, Profits Slide

Comparable-store sales fell 4% at Whole Foods Market in the first quarter, the company said yesterday.

AUSTIN, Texas — Comparable-store sales fell 4% at Whole Foods Market here in the first quarter, the company said yesterday. Net income declined 17.4%, to $32.3 million, on flat sales overall of about $2.47 billion.

Excluding $15.6 million in sales from 13 Wild Oats stores that have been closed in the past year, sales were up about 1%. Identical-store sales, excluding eight relocated stores and three expansions, declined 4.9%. Excluding the negative impact of foreign currency tr

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