AUSTIN, Texas -- Whole Foods Market here said third-quarter sales were $257.6 million, an increase of 20.7% over sales of $213.4 million for the same period of the prior fiscal year.
ased 9.7% for the third quarter and 7.5% year-to-date. Earnings for the quarter were $6.95 million, or 33 cents per share, an increase of 49% over prior-year earnings of $4.66 million, or 23 cents per share.
Year-to-date earnings for the 40-week period were $17.26 million, or 85 cents per share, compared with $6.22 million, or 32 cents per share, in the prior year. Earnings in 1996 include a charge of $1.98 million related to the restructuring of the company's southern California region.
Whole Foods Market operates 75 stores in 17 states and Washington, and currently has 17 stores in development.
3rd-QUARTER RESULTS
Qtr Ended 7/6/97 6/30/96
Sales $257.6 million $213.4 million
Change + 20.7%
Same-store + 9.7%
Net Income $6.95 million $4.66 million
Change + 49%
Inc/Share 33 cents 23 cents
40 Weeks 1997 1996
Sales $796.7 million $662.3 million
Change + 20.3%
Same-store + 7.5%
Net Income $17.26 million $6.22 million
Change + 179%
Inc/Share 85 cents 32 cents
Earnings in 1996 include a charge of $1.98 million related to the restructuring of the company's southern California region.
