Whole Foods' Q2 sales up 13%

AUSTIN, Texas Whole Foods Market reported that second-quarter sales increased 13% to $2.1 billion.

Comparable-store sales increased 8.7%, or 3.9% on a two-year stacked basis. Identical-store sales, excluding four relocations, increased 7.7%, or 1.9% on a two-year stacked basis.

Income available to common shareholders increased 147% to $67.5 million, and diluted earnings per share increased 102% to 39 cents per diluted share.

“Our second quarter results are the best we have reported in several years, with extremely strong growth in comparable store sales, earnings and cash flow,” said John Mackey, CEO and co-founder of Whole Foods Market. “We have successfully emerged from this recession with a healthier balance sheet and better capital disciplines. Our new stores are performing very well, and we look forward to rebuilding our store development pipeline and re-accelerating our square footage growth in the future.”

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