Whole Foods Market’s profits rose 21 percent in the company’s fiscal second quarter and the company raised its earnings forecast for the year, officials with the Austin-based natural foods grocer reported Tuesday.
Whole Foods reported a profit of $142 million and net income of 76 cents per share — up from from $118 million, or 64 cents per share, last year. Sales rose 13 percent to $3.03 billion, according to the company. The results beat predictions of analysts, who expected earnings of 73 cents a share on $3.03 billion in revenue, according to an estimate from Thomson Reuters.
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