Whole Foods Sees Consumers Rebounding

AUSTIN, Texas Citing indications that its customers are spending more freely, Whole Foods Market said last week it is optimistic about its prospects for fiscal 2011. In a conference call discussing fourth-quarter results, John Mackey, co-chief executive officer, said customer confidence is continuing to ramp up. Year-over-year branded-product sales growth continued to outpace exclusive-brand growth,

AUSTIN, Texas — Citing indications that its customers are spending more freely, Whole Foods Market said last week it is optimistic about its prospects for fiscal 2011.

In a conference call discussing fourth-quarter results, John Mackey, co-chief executive officer, said customer confidence is continuing to ramp up.

“Year-over-year branded-product sales growth continued to outpace exclusive-brand growth, and customers selectively traded up to higher-priced items in certai

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