Whole Foods Market

Whole Foods Market has revealed that group sales hit just over US$3bn for the second quarter ended 14 April, marking growth of 13.1 per cent on the US$2.67bn recorded in the same period last year.

Net income at the natural and organic retailer came in at US$142m, up 20.3 per cent from US$118m, while comparable store sales increased 6.9 per cent.

“We delivered another quarter of strong sales and earnings growth, reporting record results on many levels,” said John Mackey, co-founder and co-chief executive officer of Whole Foods Market. “The demand for fresh, healthy foods continues to grow, and we are leading the way as America's healthiest grocery store with close to 7m customers visiting our stores each week.

'We believe we will continue to gain market share as we accelerate our new store openings, improve our relative value proposition while maintaining our high quality standards, and further differentiate our shopping experience,' he added.