Whole Foods (WFM) Traffic Deceleration Continues Despite Price Investments; PT Drops to $29 - Piper Jaffray
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Whole Foods Market Reports Second Quarter Results
May 4, 2016 4:09 PM EDTCompany Produces Record Sales and Operating Cash Flow;Delivers EBITDA Margin of 9.5% and EPS of $0.44;Updates Outlook for the Fiscal Year
           AUSTIN, Texas, May 04, 2016 (GLOBE NEWSWIRE) -- Whole Foods Market, Inc. (NASDAQ: WFM) today reported results for the 12-week second quarter ended April 10, 2016. For the quarter, total sales increased to a record $3.7 billion. Comparable store sales decreased 3.0%. Earnings before interest, taxes, depreciation and amortization (EBITDA) were $353 million, or 9.5% of sales, diluted earnings per share were $0.44, and adjusted return on invested capital was 14%.
During the quarter, the Company produced $343 million... More
