Whole Foods Markets (WFM)

[MCArmel1]

Whole Foods Market beats by $0.02, misses on revenue

Jul 30 2014, 16:07 ET | About: Whole Foods Market, Inc. (WFM)

Whole Foods Market (NASDAQ:WFM): FQ3 EPS of $0.41 beats by $0.02.
Revenue of $3.38B (+10.5% Y/Y) misses by $10M.
Shares -6.5%.
Press Release

http://seekingalpha.com/news/1882615-whole-foods-market-beats-by-0_02-misses-on-revenue?app=1&uprof=45


Whole Foods Market Reports Third Quarter Results
Wed July 30, 2014 4:03 PM|GlobeNewswire | About: WFM

AUSTIN, Texas, July 30, 2014 (GLOBE NEWSWIRE) -- Whole Foods Market, Inc. (WFM) today reported results for the 12-week third quarter ended July 6, 2014. For the quarter, total sales increased 10% to a record $3.4 billion. Comparable store sales increased 3.9%, including a positive impact of approximately 60 basis points from Easter shifting from the second quarter last year to the third quarter this year, on top of a 7.5% increase in the prior year. A spread of approximately 40 basis points between comparable store and identical store sales growth was due to three relocations and one expansion. Average weekly sales per store were $736,000, translating to another quarter of sales per gross square foot of over $1,000. Operating income was $243 million, or 7.2% of sales, and earnings before interest, taxes, depreciation and amortization ("EBITDA") were $331 million, or 9.8% of sales. Net income was $151 million, or 4.4% of sales, diluted earnings per share were $0.41, and return on invested capital was 16.4%. Results reflect a LIFO charge of $11 million, or 31 basis points, and the repurchase of approximately 9.1 million shares of common stock.

http://seekingalpha.com/pr/10622505-whole-foods-market-reports-third-quarter-results