Whole Foods Market Posts 10 Percent Sales Growth In 1Q 2015

Whole Foods Market, Inc. reported total sales rose 10 percent to $4.7 billion in the first quarter ending January 18, 2015, compared with the same period in the previous year. Average store weekly sales reached $724,000, or $990 in sales per gross square foot. Comparable store sales grew 4.5 percent, the company said. During the quarter, the company opened nine new stores, which rose the company's square footage by 9.4 percent. EBITDA reached $396 million, or 8.5 percent of sales, while diluted earnings per share rose 10 percent to $0.46, compared with the previous year.