Thursday, May 3, 2007

UPDATE 1-Wild Oats quarterly profit falls due to deal costs

(Reuters) - In February, Whole Foods signed a deal to buy Wild Oats for about $565 million, in an effort to gain better leverage against larger traditional grocers, who have started to sell more organic items.

Profit was $1.6 million, or 5 cents per share, compared with a profit of $2.9 million, or 10 cents per share, a year earlier.


Read more at Reuters.com Mergers News

No comments: