Whole Foods cuts 2014 forecasts again as competition intensifies
date:May 07, 2014
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Whole Foods' same-store sales, a major gauge of performance for retailers, rose a weaker-than-expected 4.5 percent for the fiscal second quarter ended April 13, compared with the 5.4 percent rise in the prior quarter. They were up 4.3 percent for the six weeks ended May 4.

Executives blamed severe winter weather and the shift in the timing of Easter for some of the sales disappointment.

Second-quarter net income was flat at $142 million, or 38 cents per share, compared wi
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