WFMI Shares Jump As Q2 Profits Beat Street Expectations

Whole Foods Market 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. Read more from Benzinga's Company news.