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Best Quarter For Whole Foods

In what it called the best quarter in its 32-year history, Whole Foods Market’s second-quarter profit jumped nearly 31% on stronger sales. The company raised its full-year outlook on the results. Whole Foods earned a better-than-expected $117.7 million for the quarter that ended April 8, up from $89.9 million in the same quarter last year.

“Our exceptional results in the first half of the year have given us the confidence to significantly raise our guidance for the full year. We are confident that our sales momentum and operating disciplines will create continued positive results for our shareholders," Walter Robb, co-CEO said in a statement. The company is planning to open between 24 to 27 new stores in fiscal 2012, and 28 to 32 new stores in fiscal 2013.

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