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Whole Foods Market (WFM) Jumped To A New High On Q2 Earnings News

Whole Foods Market (WFM) reported second quarter net income of $0.76 per share after the bell Tuesday, up from $0.64 per share a year ago. The consensus estimate was for EPS of $0.73. The company also increased its full year 2013 EPS forecast to between $2.86 and $2.89, from prior expectations of $2.83 to $2.87. The consensus estimate is for EPS of $2.87.

Whole Foods Market gapped open sharply higher Wednesday and climbed during the first half of the morning, before settling into a range. Shares finished up by 9.39 at $102.19 on above average volume. The stock broke out to a new high for the year.

by RTTNews Staff Writer

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