date:Feb 13, 2014
uts needed to keep up with competitors.
Same-store sales, a key gauge of performance for retailers, rose 5.4 percent for the fiscal first quarter ended January 19. Those sales are up 5.6 percent so far this quarter.
Whole Foods also lowered its profit forecast for 2014 to a range of $1.58 to $1.65 per shares from $1.65 to $1.69, and said that, under its best case scenario, its gross margins would be unchanged for the rest of the year.
Net income rose to $158 million, or 42 cents per share, fr