date:Feb 13, 2014
Whole Foods Market Inc lowered its 2014 sales and profit forecast on Wednesday for the second time after first quarter revenue missed Wall Street expectations because of growing competition in the fresh and organic foods market.
The company's shares fell 5.8 percent to $52.25 in afterhours trading.
Austin, Texas-based Whole Foods, the largest U.S. natural and organic grocery chain, now expects 2014 same-store sales growth of between 5.5 percent and 6.2 percent from a previous forecast range of