| Business Summary | | Whole
Foods
Market,
Inc.
owns
and
operates
a
chain
of
natural
foods
supermarkets.
The
Company
opened
its
first
store
in
Austin,
Texas
in
1980
and,
as
of
September
24,
2000,
operated
117
stores
in
22
states
plus
the
District
of
Columbia.
On
the
average,
the
Company's
stores
carry
approximately
20,000
stock-keeping
units
of
food
and
non-food
products.
The
Company
has
a
broad
product
selection,
with
a
heavy
emphasis
on
perishable
foods
designed
to
appeal
to
both
natural
foods
and
gourmet
shoppers.
The
products
the
Company
offers
in
its
stores,
which
are
mostly
from
natural-food
vendors,
include
natural
and
organic
foods
and
beverages,
dietary
supplements,
natural
personal
care
products,
natural
household
goods
and
educational
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Whole
Foods
Market
engages
in
the
sale
of
natural
food
and
nutritional
products,
primarily
through
its
120
natural
foods
supermarkets
(as
of
12/00)
and
direct
marketing
of
nutritional
supplements.
For
the
40
weeks
ended
7/1/01,
net
sales
rose
21%
to
$1.7
billion.
Net
income
from
continuing
operations
before
accounting
change
rose
21%
to
$46.1
million.
Results
reflect
an
8.5%
increase
in
comparable
store
sales
and
the
continued
addition
of
new
stores. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| John Mackey, 47 Chairman,
Pres, CEO | $210K | -- | Glenda Flanagan, 47 VP,
CFO | 250K | -- | James Sud, 48 VP
and COO | 244K | -- | Michael Besancon, 54 Pres
of the Mid-Atlantic Region | 232K | $142K | Rich Cundiff, 43 Pres
of the Southern Pacific Region | -- | -- | Dollar
amounts are as of 29-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|