Whole Foods Market expects fiscal 2013 revenue to rise less than projected. The chain cut its comparable-store sales growth ranges for the year, from as much as 8.5 percent, to as much as 8 percent. It maintained its forecast for earnings of up to $2.87 per share. It cited tougher gross margin comparisons, its effort to expand value offerings, and an increase in relocation expenses. First-quarter net income was $146 million, or 78 cents per share, vs. $118 million, or 65 cents.
Whole Foods says revenue growth will slow
| Associated Press February 17, 2013
Read it all, now.
Don't miss any of your favorite stories again. Read the stories that matter to you as much as you want, whenever you want when you subscribe to BostonGlobe.com.
Get full access today for just 99¢