Piper Jaffray Raises Price target as Whole Foods Market (WFM) Benefits From a Better than Expected Tax Rate
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Whole Foods Market Reports First Quarter Results
February 10, 2016 4:05 PM ESTAUSTIN, Texas, Feb. 10, 2016 (GLOBE NEWSWIRE) -- Whole Foods Market, Inc. (NASDAQ: WFM) today reported results for the 16-week first quarter ended January 17, 2016. For the quarter, total sales increased 3% to a record $4.8 billion. Comparable store sales on a constant currency basis decreased 1.8%. Earnings before interest, taxes, depreciation and amortization (EBITDA) were $399 million, or 8.3% of sales, diluted earnings per share were $0.46, and adjusted return on invested capital was 14%.
We delivered record sales of $4.8 billion this quarter and are pleased with the progress we have made on our nine-point plan outlined in November, said Walter... More
