Whole Foods Market has revealed its results for the fiscal first quarter of the year, with sales and net income both improving on a year-on-year basis.
The natural and organic retailer said that total sales increased 14 per cent to US$3.9bn, the group said, while same-store sales jumped 7.2 per cent for the first quarter ended 20 January.
First-quarter net income climbed 24 per cent on the same period last year, up to US$146m, Reuters reported.
Despite the positive quarter, Whole Foods narrowed its outlook for established stores in2013 to 6.6-8 per cent, down from an initial estimation of 6.5-8.5 per cent.
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