Whole Foods Rises After Earnings Beat, Higher Guidance

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Whole Foods Market (WFM) rose 0.9% immediately after posting better than expected first quarter earnings and revenue.

Whole Foods posted 65 cents of EPS on $3.4 billion in revenue. Analysts had expected the company to post 60 cents of EPS and $3.38 billion in revenue. same store sales rose 8.7%. The company also raised its operating margin and earnings outlook for the year.



Original Article Source by Barrons.com