Whole Foods Lowers FY2014 Outlook and Tesla Reports Earnings
Whole Foods Market, Inc. (NASDAQ: WFM) released their Q2 earnings report revealing earnings of $0.38 per share which missed estimates of $0.41 per share. The company also lowered their 2014 fiscal year sales forecast to 10.5 - 11%. Whole Foods expects full year 2014 diluted EPS of $1.52 to $1.56. Previously the company had expected $1.58 to $1.65. "As we continue to innovate and evolve at a fast pace, we are confident in our ability to gain market share and expect our sales to approach $25 billion over the next five years," said John Mackey co-CEO of Whole Foods Market. Whole Foods