WFMI Shares Jump As Q2 Profits Beat Street Expectations

Whole Foods Market (NASDAQ: WFMI) reported its Q2 profit ahead of the Street expectations. The company has also raised its forecasts for the full year on the return of its wealthy customers.

The Austin, Texas-based foods grocer said its Q2 profits for the quarter roughly doubled to $0.39 per share. The company has raised its profit forecast for the fiscal year to at least $1.33 per share.

WFMI’s shares grew 6.51% in the early trading session.

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