Whole Foods Market (WFMI Quote) was one of the tastiest names among a number of solid after-hours performers in the restaurant space Tuesday, as heavy trading boosted shares by 9.1%.
The natural-foods grocery-store chain posted essentially flat non-GAAP earnings of 35 cents a share for the second quarter, but that comes in 2 cents ahead of Thomson Financial's estimates. Shares of the Austin, Texas, company gained $3.36 to $40.40.
Wild Oats (OATS Quote), which agreed to be bought by Whole Foods earlier this year, added 49 cents to $16.59 even though the Federal Trade Commission is challenging the proposed merger. Tuesday was the first day of a two-day hearing to evaluate the government's challenge to the buyout. ...
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