BRIEF-Western Forest announces settlement for April 2011 tenure extinguishment
* Western Forest Products Inc announces settlement for the April 2011 tenure extinguishment in a portion of Tree Farm Licence 44
May 7 Whole Foods Market Inc on Tuesday reported higher second-quarter profit, raised its full-year earnings forecast and said store sales had recently accelerated, and its shares rose more than 9 percent after hours.
Same-store sales, a key gauge of performance for retailers, rose 6.9 percent for the fiscal second quarter that ended April 14. So far this quarter, those sales are up 9.4 percent.
The largest U.S. natural and organic grocery chain, based in Austin, Texas, said second-quarter net income grew to $142 million, or 76 cents per share, from $118 million, or 64 cents per share, a year earlier.
Total sales grew to $3.03 billion from $2.67 billion.
It also raised its forecast for full-year earnings per share to a range of $2.86 to $2.89 from $2.83 to $2.87.
Whole Foods shares, which closed at $92.80 on Nasdaq, rose to $101.50 in extended trading.
* Q3 earnings per share $0.24 Source text for Eikon: Further company coverage:
* FSH Funding Company LLC announces amendment of tender offer for 11 percent senior secured notes due 2019 Source text for Eikon: