AUSTIN, Texas — Whole Foods Market here yesterday said the acquisition of Wild Oats Markets last year reduced net income for its fiscal first quarter by about $11.9 million. Net income for the 16-week span, which ended Jan. 20, was $39.14 million, vs. $53.76 million in the year-ago span. Sales increased about 31.3%, to $2.46 billion. Comparable-store sales rose 9.3% for the quarter, excluding Wild Oats. “Wild Oats was a highly centralized company, and we have taken a cautious approach to ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Registering for content on Supermarket News will give youINSTANTaccess 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’sFREE, 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 grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.