AUSTIN, Texas -- Whole Foods Market here raced through its first $1 billion quarter on the strength of a 20% sales growth and comparable-store gain of 11.6%, the company said last week. For the 12-week fiscal second quarter ended April 10, the natural foods retailer earned $42 million on sales of $1.1 billion. The robust sales results prompted the company to raise its expectations of yearly comparable-store growth to 9% to 11% from previous estimates of 8% to 10%. In a conference call ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.