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Whole Food Q2 profit surges 31%; on track to open 24 to 27 stores
Austin, Texas -- 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. The company raised its full-year outlook on the results.
“Our exceptional results in the first half of the year have given us the confidence to significantly raise our guidance for the full year. We are confident that our sales momentum and operating disciplines will create continued positive results for our shareholders," Walter Robb, co-CEO said in a statement.
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WMT CEO Duke to be honored by executive women
After the pounding Walmart and its president and CEO Mike Duke have taken in recent weeks in the media over the alleged Mexican bribery and cover up scandal detailed by the New York Times, the company and its leader received some good news this week from the Network of Executive Women.