Business

market movers

Whole Foods’ stock on rise as chain expands

Shares of Whole Foods have advanced 12 percent this year.

Rebecca Cook/Reuters/File 2012

Shares of Whole Foods have advanced 12 percent this year.

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Whole Foods Market Inc. gained the most in nine-plus months. The largest US natural-goods grocer boosted its 2013 earnings forecast to as much as $2.89 a share (excluding some items) and said second-quarter profit rose 20 percent to $142 million, or 76 cents a share. Whole Foods will triple its store count to about 1,000 and will split its shares two-for-one; that will occur May 29.

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