Whole Foods Posts Mixed Quarter, Announces Board Changes

Whole Foods (WFM) reported fiscal second quarter earnings of $0.37 a share, matching estimates.

Revenue of $3.74 billion topped estimates of $3.73 billion.

Whole Foods raised its quarterly dividend by 29% and appointed a new CFO, Keith Manbeck. Plus, five new independent directors were added to Whole Foods' board in a dramatic leadership shakeup.