More on Whole Foods Market (WFM): FQ3 beats on the bottom line and raises FY12 guidance as net...

|About: Whole Foods Market, Inc. (WFM)|By:, SA News Editor

More on Whole Foods Market (WFM): FQ3 beats on the bottom line and raises FY12 guidance as net profit jumped 32% Y/Y. Sales +14% to $2.7B, while comp store sales +8.2%. Overall same-store sales are running at a growth rate of 9.7%. The uptick in sales is being taken by investors as a positive sign that the company may be taking market share from traditional grocery competitors like Safeway (SWY) and Supervalu (SVU), who've been struggling with declines in sales volume. Shares +11.4% AH.