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Whole Foods Quarterly Report Shines Bright

While Wild Oats shares are handled with care (think volatile, folks, like liquid nitrogen) news from Austin, Texas, land of Whole Foods Market make shareholders happier than a pig in that word my mother hates.

WFM reported a sales growth of 22% and an increase in profits of 26% during the fiscal first quarter ending Jan. 15,2006.

More importantly, comparable store sales increased by 13%, and average sales per square foot improved to more than $900 during the quarter.

As noted in Supermarket News, Whole Foods cited a 7% increase in number of shopping occasions and a 6% increase in total shopping basket per trip.

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