Whole Foods Closing Davis Store After Missing Revenue Target

DAVIS (CBS13) — Whole Foods will be closing its Davis store amid declining revenue, the company said on Wednesday.
No final day for the store has been announced.
The company fell short of Wall Street estimates in the first quarter, earning 30 cents per share versus the expected 39 cents per share. Whole Foods cited increased competition hitting their higher-end offerings as part of the reason for the missed expectations.
The company issued the following statement on the closure
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