Whole Foods Market Slips on Lower Volume

Whole Foods Market Inc. (WFMI - Snapshot Report) is down 3% for the day on slightly lower volume of 3 million, versus the average volume of 3.9 million.

The Zacks #2 Rank ("Buy") company recently retained its 2009 earnings per share guidance, ranging between 71 cents to 76 cents.

The fiscal year consensus estimate has increased by 6 cents to 76 cents per share in the last week, as 13 analysts out of 14 lifted their expectations.

Whole Foods Market reported second-quarter EPS of 24 cents this month, 6 cents ahead of the consensus.