Navigation Links
Whole Foods Market Reports Second Quarter 2009 Results
Date:5/13/2009

) Includes leases tendered

FTC Update

As previously announced, the Company is awaiting final approval of the settlement agreement reached with the FTC resolving its antitrust challenge to the Company's acquisition of Wild Oats Markets, Inc. Under the terms of the agreement, a third-party divestiture trustee has been appointed to market for sale: leases and related assets for 19 non-operating former Wild Oats stores, 10 of which were closed by Wild Oats prior to the merger and nine of which were closed by Whole Foods Market; leases and related fixed assets (excluding inventory) for 12 operating acquired Wild Oats stores and one operating Whole Foods Market store; and Wild Oats(R) trademarks and other intellectual property associated with the Wild Oats stores. The 13 operating stores had combined sales of approximately $24.6 million in the second quarter of fiscal year 2009, or approximately 1.3% of the Company's total sales of $1.9 billion.

The divestiture trustee has six months to market the assets to be divested. For any good faith offers that are not finalized by September 6, 2009, an extension of up to six months may be granted. This twelve-month period may be extended further to allow the FTC to approve any purchase agreements submitted within that time period. The only other obligations imposed on the Company by the settlement agreement are in support of the divestiture trustee process.

After receiving final approval by the FTC, the Company expects to record a non-cash charge of up to $5.5 million to adjust certain long-lived assets to fair value relating to the potential sale of the 13 operating stores. This is lower than the Company's original estimate primarily due to non-cash asset impairment charges recorded during the second quarter to adjust four of the 13 operating stores to fair value, which is determined based on long-term discounted cash flow projections.


'/>"/>
SOURCE Whole Foods Market
Copyright©2009 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21

Related medicine news :

1. GNC Launches the First-Ever Comprehensive Line of Whole Body Health Products Exclusively for Fit and Active Women
2. BioNanomatrix Awarded Phase II NIH Grant to Support Development of Its Single-Molecule Nanoscale Whole Genome Analyzer
3. Discover Whole Body Wellness Through a Revolutionary - and Natural - Approach to Dental Care
4. Ther-Rx Corporation Issues Voluntary Nationwide Recall of Prescription Prenatal and Iron Supplements to Wholesale Level
5. ETHEX Corporation Issues Voluntary Nationwide Recall of Prescription Prenatal and Iron Supplements to Wholesale Level
6. New Web-Based User Self Service & Identity Management Software for Active Directory takes Security, User Convenience to a Whole New Level
7. Whole Foods Market(R) Makes FORTUNEs 100 Best Companies to Work For List for 12th Consecutive Year
8. Function Drinks to Launch New Years Detox Kit Exclusively in Whole Foods Markets
9. Video: MassMutual Enhances Whole Life Insurance Products - Provides Flexibility, Guarantees
10. Whole-House Air Cleaner May Help Prevent Asthma Attack, Heart Attack and Stroke
11. Crazy Water Expands Distribution to Whole Foods Market(R)
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/26/2015)... 2015 BioPlus Specialty Pharmacy ... specialty pharmacies, announces the promotion of Sharon Ferrer ... of Pharmaceutical Relations. In this position, Ferrer will ... pharmaceuticals partners and providing key leadership in building ... expansion. , “Over the past seven years ...
(Date:3/26/2015)... In the key developed markets, the hypertension market value ... to decrease through 2020 at a negative CAGR (0.9%) to ... to 2017 at a 2.6% CAGR and a decline thereafter. ... surging penetration of fixed-dose combination drugs like Azor, Amturnide, Exforge ... and Tekamlo), a hike in the prevalence population to 190 ...
(Date:3/26/2015)... Leading nutritional supplement provider Metabolic ... http://www.metabolicnutrition.com . The ultramodern, clean and ... user-friendly experience for consumers seeking information about the ... enhanced Metabolic Nutrition website includes: , ... line of products, conveniently broken down by user ...
(Date:3/26/2015)... Zane Benefits, the leader in individual ... eBook, “The Comprehensive Guide To Interviewing For Your Small ... most important aspect of the hiring process. Many small ... right way, possibly resulting in thousands of dollars lost. ... yet it’s essential to the success of your small ...
(Date:3/26/2015)... March 26, 2015 LinkToBanking, a ... industries, names Tom Fleming as Chairman of the ... Board, effective immediately. With their combined knowledge ... services industry, Mr. Fleming and Mr. Casares will ... services to cannabis related businesses. , About Tom ...
Breaking Medicine News(10 mins):Health News:BioPlus Specialty Pharmacy Expands Executive Team with New Position, Naming Sharon Ferrer as Vice President of Pharmaceutical Relations 2Health News:Top 8 Developed Anti-Hypertensive Therapeutics Markets Discussed in New GBI Research Report Published at MarketPublishers.com 2Health News:Top 8 Developed Anti-Hypertensive Therapeutics Markets Discussed in New GBI Research Report Published at MarketPublishers.com 3Health News:Metabolic Nutrition Launches Sleek New Website with New Features and Enhanced Consumer Information 2Health News:Zane Benefits Announces: New eBook: The Comprehensive Guide To Interviewing For Your Small Business 2Health News:Tom Fleming named Chairman of the Board and Robert Casares as Vice-Chairman of the Board of LinkToBanking 2Health News:Tom Fleming named Chairman of the Board and Robert Casares as Vice-Chairman of the Board of LinkToBanking 3
... new study, presented at the SNM 55th Annual ... offers a novel option to treator even preventmany ... antigens or infected cells before they convert into ... find new approaches to treating and preventing viral ...
... Rapid information processing in the nervous ... nerve cells and their targets. One particular ... acetylcholine to communicate between nerve cells. Cholinergic ... memory, arousal, attention, and all autonomic (involuntary) ...
... to be Largest Gift Ever to a New Jersey Hospital, ... business leader and well-known community philanthropist,has pledged an historic charitable ... $30 million, to assist Valley with the evolution,of its main ... a,hospital in New Jersey., "I made this gift to ...
... A study published this,month finds that hospitals that perform ... better quality of care than those who,either didn,t perform ... to complete,the survey. The study was published in the ... and Patient Safety., "This study is cause for ...
... neuroscientists have identified what may be the first known ... disruption in an ion channel called the BK channel. ... familial form of epilepsy, their involvement in other types ... findings, published in the June issue of Neurobiology of ...
... Ultimate Event, held recently in Cancun, Mexico, attracted nearly ... who are, looking to retire overseas. Reasons vary, but most ... access to quality health care and a lower cost ... Americans are actively,looking to retire outside the United States. And ...
Cached Medicine News:Health News:New study shows potential to treat or prevent viral cancers 2Health News:The APCs of nerve cell function 2Health News:The Valley Hospital in Ridgewood, NJ, Announces Historic $30 Million Gift 2Health News:Harvard Study in Joint Commission Journal: Mortality Rates Lower in Leapfrog Hospitals 2Health News:Harvard Study in Joint Commission Journal: Mortality Rates Lower in Leapfrog Hospitals 3Health News:Possible link between different forms of epilepsy found by Carnegie Mellon scientists 2Health News:International Living Ultimate Event Attracts Nearly 300 Attendees Who Explore the Growing Trend of Retiring Overseas 2Health News:International Living Ultimate Event Attracts Nearly 300 Attendees Who Explore the Growing Trend of Retiring Overseas 3
(Date:3/26/2015)... 26, 2015 Zimmer Holdings, Inc. (NYSE and ... Advanced Bearing Technology with Vitamin E by celebrating ... earlier this month reported that, at 96 million cycles ... Bearing Technology featuring Vitamin E grafted highly crosslinked polyethylene ... rate reduction of 95 percent, with no cracking, delamination ...
(Date:3/26/2015)... 2015 Even the Score today marked this ... Drug Administration,s landmark approval of Viagra with the release ... calling on the Agency to begin restoring gender equity ... for women,s most common sexual dysfunction. Currently, ... for sexual dysfunction – while women have zero biological ...
(Date:3/26/2015)... , March 26, 2015 ... "Pharmacovigilance and Drug Safety Software Market by Functionality (Adverse ... On-demand/Cloud based (SAAS)), End-user (Pharma & Biotech Companies, ... by MarketsandMarkets, the Pharmacovigilance and Drug Safety Software ... of 6.5% during 2014-2019, and is expected to ...
Breaking Medicine Technology:Zimmer Announces New Testing Milestone For Vitamin E Advanced Bearing Technology 2Zimmer Announces New Testing Milestone For Vitamin E Advanced Bearing Technology 3Even The Score Marks 17th Viagra Anniversary with Release of New Letter from Members of Congress to FDA Calling for Equity in Sexual Health 2Even The Score Marks 17th Viagra Anniversary with Release of New Letter from Members of Congress to FDA Calling for Equity in Sexual Health 3Even The Score Marks 17th Viagra Anniversary with Release of New Letter from Members of Congress to FDA Calling for Equity in Sexual Health 4Pharmacovigilance and Drug Safety Software Market Worth $154.1 Million by 2019 2Pharmacovigilance and Drug Safety Software Market Worth $154.1 Million by 2019 3Pharmacovigilance and Drug Safety Software Market Worth $154.1 Million by 2019 4
... May 9, 2012 /PRNewswire-iReach/ -- Global Information ... tracking the growth in the patient monitoring systems market: ... Markets and Forecasts The convergence of new measurement ... driving patient monitoring away from caregiver facilities and into ...
... Mass., May 9, 2012  Millstone Medical Outsourcing announced ... Vice President of Quality Systems.  As a seasoned ... will be responsible for managing the quality systems ... quality associates, and working closely with customers to ...
Cached Medicine Technology:New Forecast Shows Patient Monitoring Systems Market to Reach $18.9 billion by 2016 2New Forecast Shows Patient Monitoring Systems Market to Reach $18.9 billion by 2016 3Millstone Medical Outsourcing Hires New Vice President Quality 2
Velocity works cooperatively with LabSofts LabNet LIS, allowing the convenience of 24-hour access to information from satellite lab locations, hospitals, physician offices and even homes....
... x 85") allows the surgeon to view ... monitor while remaining in the sterile field. ... Holders eliminate dangling cords while maintaining longer ... fluid control pouch with large particle screen ...
... The Bohn™ Extremity ... - this single extremity ... antimicrobial impregnated "Vi-Drapes" ...the ... current "extremity drape". A ...
... Orthopaedic Surgical Packs ,3M offers a line ... Steri-Drape™ Absorbent Impervious material to create a ... contain Adhesive Drape Sheets, Split Sheets and ... Mayo Stand. The 9012 LA contains a ...
Medicine Products: