Comp sales and guidance disappoints at Whole Foods Market

|About: Whole Foods Market, Inc. (WFM)|By:, SA News Editor

Whole Foods Market (WFM) reports comparable store sales increased 4.5% in FQ2 to miss the estimate of analysts.

The company cited a negative impact of 50 bp from the shift of Easter into FQ3.

Gross profit as a percentage of sales fell 50 bps Y/Y to 36.4%

WFM -10.3% AH