Whole Foods Market Inc (WFM.OQ)
* To exchange 5.200% senior notes due 2025 for an equal principal amount of its registered 5.200% senior notes due 2025
* Indexes down: Dow 0.31 pct, S&P 0.30 pct, Nasdaq 0.24 pct (Updates to early afternoon)
Whole Foods Market Inc's shares plunged on Thursday as the company's efforts to position itself as a competitively priced grocer yielded little results in the third quarter.
July 28 Whole Foods Market Inc's shares plunged on Thursday as the company's efforts to position itself as a competitively priced grocer yielded little results in the third quarter.
Whole Foods Market Inc on Wednesday gave a disappointing profit forecast and posted its fourth straight quarter of same-store sales declines as competition, deflation and its own efforts to cut prices hit results.
July 27 Whole Foods Market Inc on Wednesday forecast earnings for the current quarter below Wall Street's estimate, sending its shares down more than 3 percent in after-hours trading.
July 27 Whole Foods Market Inc on Wednesday said sales at established stores declined for the fourth straight quarter, sending its shares down almost 5 percent in extended trading.
* If comparable store sales in q4 are in line with 2.4% quarter-to-date decrease, co would expect sales growth of about 2% for Q4
July 22 Diary of U.S. corporate earnings for the week ahead. ** This Diary does not provide the EPS estimate figures. EPS figures can be retrieved from Eikon. Steps in Eikon to retrieve the EPS estimate:- Eikon Indicator-> Equities Guide-> Top Indices-> S&P 500-> Events-> Select Event types-> Select the company-> Estimates ** Please Note - All times given are in U.S. EST unless otherwise stated ** U.S. EARNING Start Date Start Time RIC
LOS ANGELES U.S. food safety regulators have warned Whole Foods Market Inc that inspections at the grocer's Everett, Massachusetts, plant turned up violations that could result in food being "contaminated with filth or rendered injurious to health."
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