Whole Foods Market Provides Shareholder Update on Accelerated Path to Delivering Shareholder Value and Announces Second Quarter 2017 Results

For the 12-week second quarter ended April 9, 2017, total sales increased 1.1% to a record $3.7 billion. Including an estimated negative impact of 30 basis points from...

May 10, 2017

1 minute read

For the 12-week second quarter ended April 9, 2017, total sales increased 1.1% to a record $3.7 billion. Including an estimated negative impact of 30 basis points from Easter shifting from the second quarter last year to the third quarter this year, comparable store sales decreased 2.8%. Net income was $99 million, or 2.6% of sales; diluted earnings per share were $0.31; and earnings before interest, taxes, depreciation and amortization (“EBITDA”) were $287 million, or 7.7% of sales. The Company produced operating cash flow of $340 million, free cash flow of $209 million, and returned $45 million in dividends to shareholders, ending the quarter with $1.4 billion of total available capital and $1.0 billion in total debt.

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