USA: Whole Foods Market reports 16% increase in Q1 sales
Austin, Texas-based Whole Foods Market, Inc. has reported sales and earnings for the Q1 ended 20 January 2002. Sales for the 16-week period increased 21% over the prior year. This increase was driven by 16% year-over- year square footage growth and better than expected comparable store sales growth of 9.4%. Sales in identical stores (excluding three relocated stores) increased 7.5% for the quarter. Net income for the quarter increased 34% to US$20.1m from US$15m in the prior year, and diluted earnings per share increased 26% to US$0.34, compared to US$0.27 in the prior year.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Danone's Q1: four things to learn
- Who will buy Danone's Stonyfield business?
- Column: Why snacking is the new meal
- Interview: Sir Kensington's on sale to Unilever
- Nestle Q1 update: four things to learn
- Tyson shops Sara Lee bakery, Kettle and Van's
- Nestle to cut UK confectionery jobs
- PepsiCo affirms full-year target as Q1 hits mark
- Icelandic to sell Saucy Fish Co. owner Seachill
- Tyson to buy burger-to-entree firm AdvancePierre