Tuesday's Late Winners & Losers
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Whole Foods (WFMI Quote) was among the winners in a generally mixed after-hours session Tuesday, which saw a number of retailers turning in their quarterly financials.
Shares of the organic-foods mart added 2.3% after sales from the recently acquired Wild Oats boosted total fiscal fourth-quarter revenue comfortably past Wall Street expectations. The total figure came to $1.74 billion, or a 24.7% leap vs. last year, excluding an extra week this quarter. Analysts polled by Thomson Financial were seeking revenue of $1.62 billion.
Income slid 14.3% from last year to 24 cents a share, or $33.9 million, though that includes 6 cents a share in buyout-related expenses. The Street had called for earnings of 30 cents a share, excluding one-time items. Whole Foods also said same-store sales jumped 8.2% from last year. Shares of the Austin-based company were up 95 cents to $43.20. ...
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