Whole Foods reports Q3 drop in same-store sales as Amazon deal looms

In what could be its last public financial report, Whole Foods Market Inc. said Wednesday sales grew slightly in the third quarter, while profits shrank.
The Austin-based grocery chain, with some 460 stores in three countries, is headed toward a $13.7 billion buyout by Amazon.com Inc. The deal is expected to close by the end of the year; Whole Foods shareholders are set to vote on the agreement on Aug. 23. So if the deal goes through, its direct paper trail of public financial documents could come…

#URLinkedUp Austin Business News – Local Austin News | Austin Business Journal https://www.bizjournals.com/austin/news/2017/07/26/whole-foods-reports-q3-drop-in-same-store-sales-as.html?ana=RSS%26s=article_search

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