Whole Foods 4Q profit tops expectations

Whole Foods reported a quarterly profit that topped Wall Street expectations and shares of the organic and natural grocery chain soared 7 percent.

On Wednesday, the comapny reported same-store sales growth of 3.1 percent, according to The Associated Press.

For the quarter, Whole Foods Market earned $128 million, or 35 cents per share, topping the 32 cents per share analysts expected, according to FactSet. A year ago, it earned $121 million, or 32 cents per share.

Revenue increased to $3.26 billion, a 9.4 percent bump.

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