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Whole Foods Is Down 6%

Mamta Badkar   

Whole Foods Is Down 6%
Retail1 min read

Whole Foods is down 6.6% to $51.78. The stock took a tumble after hours on Wednesday when the company reported disappointing earnings.

The retailer lowered full-year guidance and expects EPS of $1.58-$1.65 per share, down from $1.65-$.169 per share. This was also below expectations for $1.68 per share. It also lowered full-year comp sales expectations.

This five-day chart shows the decline following the earnings announcement:

WFM chart

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