Whole Foods ‘Bullish’ as Trends Improve

Whole Foods Market here said last week it believes it has turned the corner on declining financial returns, and industry analysts expressed similar, albeit guarded, optimism as well. John Mackey, chairman and chief executive officer, told analysts during a conference call he's not sure if the uptick in the chain's financial results for the third quarter signals a significant change.

AUSTIN, Texas — Whole Foods Market here said last week it believes it has turned the corner on declining financial returns, and industry analysts expressed similar, albeit guarded, optimism as well.

John Mackey, chairman and chief executive officer, told analysts during a conference call he's not sure if the uptick in the chain's financial results for the third quarter signals a significant change. “We're seeing some strengthening in our sales, but we don't know if that's drive

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