14.11.2003: Meldung: Whole Foods Market pays dividend of 15 Cents
"We remain very committed to our stated growth goal of $10 billion in sales by 2010; however, we believe we will continue to produce more cash flow than needed to fund our growth. As evidence of our continuing commitment to new store growth, we are very pleased to announce today the signing of eight leases for new stores averaging 44,000 square feet in size, increasing our development pipeline to 35 stores and a record 1.6 million square feet," said John Mackey, Chairman, President and Chief Executive Officer of Whole Foods Market. "We do not believe there is a conflict between being a growth company and being a dividend-paying company; we just happen to be one of the fortunate growth companies with sufficient cash on hand, predictable cash flow and a strong enough balance sheet to be able to execute both."
About Whole Foods Market:
Founded in 1980 in Austin, Texas, Whole Foods Market (www.wholefoodsmarket.com ) is the largest natural and organic foods supermarket retailer. In fiscal year 2003, the Company had sales of $3.1 billion and currently has 145 stores in the United States and Canada.
The following constitutes a "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995. Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, which could cause our actual results to differ materially from those described in the forward looking statements. These risks include but are not limited to general business conditions, the timely development and opening of new stores, the integration of acquired stores, the impact of competition, and other risks detailed from time to time in the Company"s SEC reports, including the report on Form 10K for the fiscal year ended September 29, 2002. The Company does not undertake any obligation to update forward-looking statements.
Contact: Cindy McCann
VP of Investor Relations
Source: Whole Foods Market, Inc.