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DALLAS — Shares of Whole Foods tumbled nearly 14 percent Wed nesday after the Austin, Texas-based company said its fiscal second-quarter profit fell 13 percent, missing Wall Street estimates, and that same- store sales grew at a slower pace than in recent years.
Whole Foods was once thought immune to an economic downturn, but analysts said Tuesday’s results show that’s changing. The grocer’s shares fell $4.68, or 13.9 percent, to $28.96 Wednesday after sinking to a 52-week low of $28.85 earlier in the session.
