Whole Foods Market: Earnings Preview
By Zacks Investment Research:
Whole Foods Market Inc. (WFM), one of the leading natural and organic foods supermarkets and an S&P 500 company, will release its second-quarter 2012 financial results after the closing bell on Wednesday, May 2.The current Zacks Consensus Estimate for the quarter is 59 cents a share that reflects a growth of 15.7% from the prior-year quarter's earnings. The estimates in the current Zacks Consensus range between a low of 56 cents and a high of 61 cents a share. The Zacks Consensus revenue estimate is pegged at $2,649 million for the quarter under discussion.
Recap of First-Quarter 2012
Whole Foods Market commenced fiscal 2012 with a bang, posting better-than-expected first-quarter 2012 results on the back of strong sales as shoppers flocked to the grocery chain.Austin, Texas based company, Whole Foods, said that quarterly earnings of 65 cents a share beat the Zacks Consensus Estimate of 60 cents, andComplete Story »