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WHOLE FOODS MARKET INC (WFM)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsSep-24-17Sep-25-16Sep-27-15Sep-28-14Sep-29-13Sep-30-12Sep-25-11Sep-26-10
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    United States  15,549.115,268.014,911.913,725.612,490.711,324.69,794.78,735.6
    Other  480.9456.0477.1468.4426.3374.4313.3270.2
Total revenues  16,030.015,724.015,389.014,194.012,917.011,699.010,108.09,005.8
            Revenue growth   [+]1.9%2.2%8.4%9.9%10.4%15.7%12.2%12.1%
                Unit growth  3.1%5.8%8.0%10.2%8.1%7.7%  
Cost of goods sold  10,633.010,313.09,973.09,150.08,288.07,543.06,571.05,869.5
Gross profit  5,397.05,411.05,416.05,044.04,629.04,156.03,537.03,136.3
            Gross margin  33.7%34.4%35.2%35.5%35.8%35.5%35.0%34.8%
Selling, general and administrative   [+]4,627.04,477.04,472.04,032.03,682.03,355.02,940.02,649.0
Equity in earnings          
EBITDA   [+]1,205.01,368.01,316.01,322.01,234.01,065.0843.0724.8
            EBITDA margin  7.5%8.7%8.6%9.3%9.6%9.1%8.3%8.0%
Depreciation  495.0498.0439.0377.0339.0305.0280.0269.6
EBITA  710.0870.0877.0945.0895.0760.0563.0455.2
            EBITA margin  4.4%5.5%5.7%6.7%6.9%6.5%5.6%5.1%
Amortization of intangibles       6.07.06.0
EBIT   [+]710.0870.0877.0945.0895.0754.0556.0449.2
            EBIT margin  4.4%5.5%5.7%6.7%6.9%6.4%5.5%5.0%
Non-recurring items   [+]251.013.016.011.012.010.08.011.2
Interest expense  49.041.0    4.033.0
Other income (expense), net  7.011.017.012.011.08.08.06.9
Pre-tax income  417.0827.0878.0946.0894.0752.0552.0411.8
Income taxes  172.0320.0342.0367.0343.0286.0209.0165.9
            Tax rate  41.2%38.7%39.0%38.8%38.4%38.0%37.9%40.3%
Net income  245.0507.0536.0579.0551.0466.0343.0240.4
            Net margin  1.5%3.2%3.5%4.1%4.3%4.0%3.4%2.7%
   
Basic EPS   [+] $1.55$1.50$1.57$1.48$1.28$0.98$1.45
Diluted EPS   [+] $1.55$1.49$1.56$1.47$1.26$0.97$1.40
   
Dividends per share   [+]$0.46$0.54$0.52$0.48$1.40$0.28$0.20$0.05
   
Shares outstanding (basic)   [+] 326.1358.5367.8371.2364.8350.5166.2
Shares outstanding (diluted)   [+] 326.9360.8370.5374.5368.9354.6171.7
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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