Whole Foods Market, Inc. (NasdaqGS:WFM) is looking for acquisition opportunities. Executive Vice President, David Lannon said that the company may also seek to acquire smaller stores, as it did when it purchased six Johnnies Foodmaster locations in the Boston area in 2012.

Whole Foods Market, Inc. announced unaudited consolidated earnings results for the twelve weeks and twenty eight weeks ended April 14, 2013. For the twelve weeks, the company reported operating income of $228 million, income before income taxes of $231 million and net income of $142 million or $0.76 per diluted share on sales of $3,027 million against operating income of $190 million, income before income taxes of $192 million and net income of $118 million or $0.64 per diluted share on sales of $2,607 million for the same period a year ago. EBITDA was $305 million against $259 million a year ago. Adjusted EBITDA was $325 million against $275 million a year ago. Adjusted earnings were $142 million against $118 million a year ago. For the twenty eight weeks, the company reported operating income of $463 million, income before income taxes of $469 million and net income of $288 million or $1.54 per diluted share on sales of $6,883 million against operating income of $380 million, income before income taxes of $384 million and net income of $326 million or $1.29 per diluted share on sales of $6,061 million for the same period a year ago. EBITDA was $642 million against $542 million a year ago. Adjusted EBITDA was $690 million against $583 million a year ago. Adjusted earnings were $288 million against $236 million a year ago. Net cash provided by operating activities was $590 million against $517 million a year ago. Development costs of new locations were $157 million against $115 million a year ago. Other property and equipment expenditures were $107 million against $99 million a year ago. The company reported comparable and identical store sales results for the three weeks ended May 5, 2013. For the period, the company reported sales growth of 13.3%, comparable store sales growth of 9.4% and identical store sales growth of 9.0%. The company revised earnings guidance for fiscal 2013. The company currently expects sales growth of 10% to 11%, comparable store sales growth of 6.7% to 7.5%, operating margin of 6.7%, EBITDA in the range of $1.19 billion to $1.20 billion, tax rate of 3.85% to 38.6%, diluted EPS in the range of $2.86 to $2.89 and capital expenditures in the range of $565 million to $615 million compared to previously expected sales growth of 10% to 11%, comparable store sales growth of 6.6% to 8.0%, operating margin of 6.6% to 6.7%, EBITDA in the range of $1.18 billion to $1.20 billion, tax rate of 38.6% to 39.0%, diluted EPS in the range of $2.86 to $2.89 and capital expenditures in the range of $565 million to $615 million. The company expects tax rate to be at the low end of prior range and have narrowed preopening and relocation expense range based on 32 new stores this year. For the second half, the company expects sales growth in the range of 7% - 9%, comparable store sales growth in the rage of 6.3% - 8.0%, EBITDA in the range of $545 million - $560 million, tax rate in the rage of 38.5%, diluted EPS in the range of $1.32 - $1.35 and capital expenditures in the range of $301 million - $351 million. On a 52-week to 52-week basis, excluding the impact of the extra week in the fourth quarter, the company expects total sales growth of 11% to 13% and earnings per share growth of 11% to 13%. The company continue to expect lower EPS growth in the back half due to higher G&A and preopening expense.

Whole Foods Market, Inc. announced the opening of 12 new stores along with a high number of openings in the first quarter of 2014.