In what it called the best quarter in its 32-year history, Whole Foods Market’s second-quarter profit jumped nearly 31% on stronger sales.
Whole Foods Market Inc. reported that profit for the first quarter rose a better-than-expected 33% to $118.3 million amid increased customer visits and higher prices on select items.
Whole Foods Market co-CEO Walter Robb told investors at a Jefferies Global Consumer Conference that the now-300-store chain is expected to grow to 1,000 stores in the United States.
Whole Foods Market’s first quarter net income surged 79% to $88.7 million, on an increase in customer visits and a rise in average transactions.
Whole Foods Market announced the promotions of Walter Robb and A.C. Gallo who have shared...