Home Food and Drug Stores Whole Foods Market Inc Whole Foods Market, Inc. – Company Overview

Whole Foods Market, Inc. – Company Overview

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Whole Foods Market (Whole Foods) owns and operates a chain of natural and organic foods supermarkets through several wholly-owned subsidiaries.The company’s supermarkets are located in the US, Canada, and the UK. It is headquartered in Austin, Texas and employed about 44,900 people, as on 30th September, 2007.

The company recorded revenues of $6,591.8 million during the fiscal year ended September 2007, an increase of 17.6% over 2006.The increase in revenue was driven by 14% square footage growth, excluding acquired Wild Oats locations, and comparable store sales growth of 7.1%. The operating profit of the company was $297 million during fiscal year 2007, a decrease of 6.9% compared with 2006.The net profit was $183 million in fiscal year 2007, a decrease of 10.3% compared with 2006.