Whole Foods Market delivered quarterly earnings on Wednesday that beat analysts' expectations, while sales figures were in line.
After the earnings announcement, the company's shares rose more than 3 percent in after-hours trading.
Whole Foods posted fiscal first-quarter earnings of 46 cents per share, up 10 percent from a year earlier. Revenue also climbed 10 percent to a record $4.67 billion.
"We are pleased with our first-quarter results which reflect accelerating comparable-store sales growth and healthy returns. We attribute our broad-based sales momentum to our customers' positive response to our many strategic initiatives, along with improving consumer confidence," said Walter Robb, co-chief executive officer of Whole Foods.
Comparable-store sales rose 4.5 percent during the quarter, topping StreetAccount forecasts for a 4.4 percent increase.
Analysts had expected the company to report earnings of 45 cents a share on $4.67 billion in revenue, according to a consensus estimate from Thomson Reuters.