The Traderszone Network

Published in TZ Latest News 11 May, 2017 by The TZ Newswire Staff

Why Whole Foods Market, Inc. Stock Jumped Today

Shares of natural and organic grocer Whole Foods Market (NASDAQ: WFM) jumped as much as 5.6% on Thursday after the company reported second-quarter results, refreshed its board of directors, and announced a new CFO. The stock is up 1.6% at the time of this writing.

For its second quarter, financial results were about in line with analyst expectations. On average, analysts expected revenue and adjusted EPS of $3.73 billion and $0.37, respectively. Revenue was slightly above expectations, at $3.74 billion, and adjusted EPS matched the consensus analyst estimate.

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