Whole Foods Market, Inc. (WFM) reported net income for the second quarter of $142 million or $0.76 per share, compared to $118 million or $0.64 per share for the year-ago quarter.
Sales for the second quarter increased 13% to $3.03 billion from $2.67 billion a year ago. Same-store store sales increased 6.9%, and identical store sales, excluding four relocations and one expansion, increased 6.6%.
Analysts polled by Thomson Reuters expected the company to earn $0.73 per share on revenue of $3.03 billion for the second quarter.
The company raised its fiscal year 2013 earnings outlook to a range of $2.86 - $2.89 per share from its prior outlook of $2.83 - $2.87 per share. Analysts currently expect the company to earn $2.87 per share for the fiscal year 2013. The company also said its Board of Directors has approved a two-for-one stock split of the company's outstanding common stock to be effected through a stock dividend. Shareholders of record as of the close of business on May 17 will be entitled to a stock dividend on May 29 of one additional share of common stock for each share of common stock they own. Based on the total number of shares of common stock outstanding as of April 14, the stock split will increase the total number of shares of common stock outstanding from about 185 million to 370 million, out of the 600 million shares of common stock currently authorized.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.