Joining Index of the 100 Largest Non-Financial Companies Traded on Nasdaq Stock Market
AUSTIN, Texas, Dec. 16 /PRNewswire-FirstCall/ -- Whole Foods Market, Inc. (Nasdaq: WFMI), the world's largest natural and organic foods supermarket, today announced the company would be added to the NASDAQ-100 Index(R) effective December 23, 2002.
"It is an honor for Whole Foods Market to join the NASDAQ-100 which includes so many dynamic and category-defining companies," said John Mackey, Chief Executive Officer and President of Whole Foods Market. "In the face of a weak economy, we have produced very solid top and bottom line results, and this is a great reward for our efforts."
The NASDAQ-100 Index, first published in January 1985, is composed of the 100 largest domestic and international non-financial stocks on the Nasdaq Stock Market based on market capitalization. Shares of each company in the Index are included in the NASDAQ-100 Index Tracking Stock(SM) (QQQ), which is the world's most actively traded exchange-traded fund. There are also 23 domestic mutual funds and seven international funds linked to the NASDAQ-100 Index.
About Whole Foods Market:
Founded in 1980 in Austin, Texas, Whole Foods Market is the world's largest natural and organic foods supermarket. In fiscal year 2002, the company had sales of $2.7 billion and currently has 140 stores in the United States and Canada. The Whole Foods Market motto, "Whole Foods, Whole People, Whole Planet"(TM) captures the company's mission to find success in customer satisfaction and wellness, employee excellence and happiness, enhanced shareholder value, community support, and environmental improvement. Whole Foods Market, Bread & Circus(R) and Harry's Farmers Market(R) are all registered trademarks owned by Whole Foods Market and its affiliates. The company employs more than 24,000 team members and has been ranked for five consecutive years as one of the "Top 100 Companies to Work for" in America by Fortune magazine.
Contact: Kate Lowery-Monteilh
512-477-4455 ext. 1025
512-477-4455 ext. 1019