Whole Foods Made $41.7 Million in Last 3 Months, up 31%

From a news summary in RetailMerchandizer.com on July 29th, 2005:

Whole Foods Market said Thursday that fiscal 3Q profit rose 31%, driven by higher sales and improved margins, to top Wall Street estimates, according to an Associated Press report.

Net income grew to $41.7 million from $31.8 million a year ago. Revenue rose 23% to $1.13 billion from $917.4 million last year...Analysts are currently forecasting 2005 sales of $4.65 billion, compared with the company's 2004 sales of $3.87 billion.

For 2006, the company expects sales to grow by 15% to 20%, and has set a goal of $10 billion in annual sales by 2010.