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Whole Foods Cuts Outlook After 3Q Sales, Profit Miss
2015-07-30 00:10:18| Grocery - Topix.net
Whole Foods cut its sales forecast for the year after its quarterly profit and sales fell short of expectations amid intensifying competition. The retailer noted that sales growth slowed in the last two weeks of the period, when New York City officials said the chain's stores were overcharging customers by overstating the weight of pre-packed goods.
Tags: sales
miss
profit
outlook
Whole Foods cuts outlook after 3Q sales, profit miss
2015-07-30 00:10:16| Grocery - Topix.net
" Whole Foods cut its sales forecast for the year after its quarterly profit and sales fell short of expectations amid intensifying competition. The retailer noted that sales growth slowed in the last two weeks of the period, when New York City officials said the chain's stores were overcharging customers by overstating the weight of pre-packed goods.
Tags: sales
miss
profit
outlook
Whole Foods: - Another Sluggish Quarter Likely'
2015-07-28 11:28:53| Grocery - Topix.net
Based on our work, we believe comps could come in around 2.5%, slightly below a 2.9% Street figure. Historically comp shortfalls have represented negative catalysts for shares.
Tags: likely
quarter
foods
sluggish
ConAgra Foods: Trans-fat labeling is a matter for the FDA, not the courtsa
2015-07-28 07:37:41| Food - Topix.net
ConAgra Foods: "The FDA has affirmed PHO's lawful status as a food ingredient for at least the next three years..." ConAgra Foods has urged a California court to throw out a lawsuit* alleging it misled consumers with the '0g trans-fat' claim on its Crunch 'n Munch popcorn, and stressed that the FDA's recent decision to revoke the GRAS status of partially hydrogenated oils doesn't change anything. The claims in the lawsuit - one of a flurry of class actions filed by The Weston Firm against food companies making 0g trans-fat claims on products containing tiny amounts of partially hydrogenated oils - are pre-empted by federal food labeling laws, argued ConAgra Foods.
Whole Foods to sell its own beer in Texas
2015-07-28 03:14:14| Grocery - Topix.net
Store-brand cereals may cause discerning kids to sneer, but will store brand beer cause adults to cheer? That's what Austin-based Whole Foods Market Inc. will learn soon. It announced July 27 that the beer made at its first in-store brewery in Houston will soon be distributed across Texas.
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