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

#Austin Check out URLinkedUp > http://www.urlinkedup.com

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s