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Whole Foods Cooked
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Austin, we have a problem.
Whole Foods (WFMI Quote) reported lower-than-expected second-quarter earnings and sales late Wednesday, sending the shares down more than 8% to $42.01 in after-hours trading.
The Austin, Texas-based retailer was hit from all angles -- lower comps, higher costs, competition and a possible objection by the Federal Trade Commission to its proposed acquisition of Wild Oats (OATS Quote). ...
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