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Whole Foods Squashed

Stock quotes in this article: WFMI  

Updated from 9:45 a.m. EST

Whole Foods Market (WFMI Quote) plunged 23% Friday after the peddler of organic cornish hens pointed to a sales slowdown and predicted a 2007 earnings hit.

The Austin, Texas, grocer said it expects slower sales growth, down to a range of 6%-8%, in stores that have been open a year. The company had produced three consecutive years of double-digit comparable stores sales growth. ...

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