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Whole Foods Market Reports Weaker Same-Store Sales In 2Q 2016

May 4, 2016: 12:00 AM EST
Whole Foods Market, Inc., reported comparable store sales fell 3.0 percent for the second quarter of 2016. For the 12-week period ending April 10, 2016, the company posted earnings before interest, taxes, depreciation and amortization of $353 million, or 9.5 percent of sales. Diluted earnings per share were $0.44, with adjusted return on invested capital at 14 percent. During the quarter, the retailer produced $343 million in cash flow from operations and invested $159 million in capital expenditures.
"Whole Foods Market Reports Second Quarter Results", Whole Foods Market, May 04, 2016, © Whole Foods Market
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