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Whole Foods Sees 79% Income Increase For Q1

Whole Foods Market saw first-quarter net income rise to $88.7 million because of increased retail traffic and average transactions. Sales for the quarter, which ended Jan. 16, were up 14% to $3 billion and same-store sales were up 9.1%, a four-year high. Co-CEO Walter Robb said average weekly per-store sales rose 9% to $621,000.

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