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Good day and welcome to the Whole Foods Fourth Quarter Earnings Call. All lines are currently in a listen-only mode, later you will have the opportunity to ask questions during the question-and-answer session.
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We thought Whole Foods Market WFMI was being overly cautious in the prior quarter when it announced expectations of 15%-20% sales growth for fiscal 2007 despite an anticipated acceleration in square-footage growth. It turns out that those targets were too ambitious. Declining comparable-store sales ...
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Despite coming in light on sales growth, Whole Foods Market's WFMI fiscal third-quarter results, announced Monday, were acceptable. However, the company's sales forecast for next year was a bit disconcerting. At this point, we think management is being overly cautious and we do not see any telltale ...