Whole Foods Tops Q4 Expectations
Follow CBSDFW.COM: Facebook | Twitter
AUSTIN (AP) - Whole Foods Market Inc. has reported a quarterly profit that topped Wall Street expectations.
Austin-based Whole Foods on Wednesday reported earning $128 million, or 35 cents per share, for the most recent quarter. That tops the 32 cents per share analysts expected. A year ago the company earned $121 million, or 32 cents per share.
Revenue rose 9.4 percent to $3.26 billion, in line with Wall Street expectations.
Whole Foods also hiked its dividend by a penny to 13 cents.
Whole Foods recently began offering one-hour delivery in 15 major markets and is installing community spaces at some locations. The list includes putting an outdoor putting green at its store in the golf-centric community of Augusta, Georgia.
(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
Latest News:
Top Trending:
