Wednesday, February 17, 2010

Whole Foods Market Reports First Quarter Results

"AUSTIN, Texas, Feb. 16 /PRNewswire-FirstCall/ -- Whole Foods Market, Inc. (Nasdaq: WFMI) today reported results for the 16-week first quarter ended January 17, 2010. Sales increased 7.0% to $2.6 billion. Comparable store sales increased 3.5%, or -0.5% on a two-year stacked basis. Identical store sales, excluding five relocations and two major expansions, increased 2.5%, or -2.4% on a two-year stacked basis. Earnings before interest, taxes, depreciation and amortization ("EBITDA") increased 26% to $186.0 million. Income available to common shareholders increased 79% to $49.7 million, and diluted earnings per share increased 62% to $0.32 per diluted share."

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