AUSTIN, Texas -- Whole Foods Market here said sales for the 12-week second quarter ended April 13 were $241.4 million, an increase of 18% over sales of $203.9 million for the same period in the prior fiscal year.
quarter and 6.3% year-to-date.
Earnings for the quarter were $5.6 million, or 28 cents per share, compared with earnings of $1.5 million, or 8 cents per share, in the previous year.
During the quarter, Whole Foods acquired two new stores in Florida operating as Bread of Life, opened new stores in San Rafael, Calif., and San Diego, and relocated the Chicago-area Naperville store to a new 43,000-square-foot location in nearby Wheaton, Ill. Whole Foods also signed leases for five new stores, located in Cambridge, Mass.; Seattle; Tempe, Ariz.; Chicago and Los Angeles, bringing the total number of stores now in development to 13, with an average size of 33,000 square feet.
Whole Foods chairman and chief executive officer John Mackey said, "This is a very exciting time for the industry and for Whole Foods Market as we have just announced the strongest quarter in our company's history. The trends driving the industry continue to accelerate in tandem with our ability to execute and capitalize on those trends."
