Moody's Upgrades Whole Foods Market Ratings

Moody's Upgrades Whole Foods Market Ratings

AUSTIN, Texas--Whole Foods Market Inc.(www.wholefoodsmarket.com) announced that Moody's Investor Service(www.moodys.com) raised all of its ratings on the company. Moody's stated the upgrades were prompted by Whole Foods' strong performance over the past three years, including consistently high comparable store sales, improving gross margins and experiencing a strong cash flow. Whole Foods Market has 126 stores in the United States and employs more than 20,000 people. For four consecutive years, Whole Foods has been ranked one of Fortune's "Top 100 companies to Work for in America."