(Reuters) - CHICAGO, July 31 - Whole Foods Market Inc.
posted quarterly profit on Tuesday that dropped less
than Wall Street anticipated as same-store sales stabilized and
margins improved, sending its shares up as much as 11 percent.
Whole Foods is trying to buy smaller rival Wild Oats
Markets Inc. . But the Federal Trade Commission is
challenging the deal in federal court on grounds that it would
hobble competition in the natural and organic grocery market.
Read more at Reuters.com Market News
posted quarterly profit on Tuesday that dropped less
than Wall Street anticipated as same-store sales stabilized and
margins improved, sending its shares up as much as 11 percent.
Whole Foods is trying to buy smaller rival Wild Oats
Markets Inc. . But the Federal Trade Commission is
challenging the deal in federal court on grounds that it would
hobble competition in the natural and organic grocery market.
Read more at Reuters.com Market News
No comments:
Post a Comment