Friday, November 5, 2010

whole foods

At a time when most chains are struggling to grow sales without drastically cutting prices, Whole Foods has been able to increase both sales and margins. And while shares of more traditional grocers are staying within a tight range, Whole Foods is trading like a high-flying tech start-up.

On Wednesday, Whole Foods Market (ticker: WFMI) posted earnings of $57.5 million, or 33 cents a share, on revenue of $2.1 billion for its fiscal fourth quarter, ended Sept. 26. Analysts had expected 28 cents of earnings on $2.06 billion in revenue. The company grew ...


 
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