Wednesday, Whole Foods Market Inc. (WFMI) reported fourth-quarter income available to common shareholders of $28.7 million or $0.20 per share, compared to $1.5 million or $0.01 per share in the same quarter last year.
On average, 17 analysts polled by Thomson Reuters expected the company to earn $0.18 per share for the quarter. Analysts' estimates typically exclude special items.
Sales for the quarter increased to $1.83 billion from $1.79 billion in the comparable quarter last year. Analysts expected the company to report revenue of $1.48 billion for the quarter.
Looking ahead to the full year 2010, the company estimates earnings in the range of $1.05 - $1.10 per share. Analysts currently anticipate the company to earn $0.84 per share.
For comments and feedback: editorial@rttnews.com