NEW YORK (TheStreet) -- Shares of Whole Foods Market Inc. are higher by 2.52% to $54.86 in pre-market trading on Thursday, after the company posted a year-over-year rise in its fiscal 2015 first quarter earnings results which topped analysts' expectations as well. The natural and organic foods grocer said its earnings for the most recent quarter grew by 10% to 46 cents per share when compared to the fiscal 2014 first quarter. Analysts had predicted earnings of 42 cents per share for the quarter. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Total sales jumped by 10% to $4.7 billion for the quarter, exceeding analysts' forecasts of $3.68 billion. "We are pleased with our first quarter results which reflect accelerating comparable store sales growth and healthy returns. We attribute our broad-based sales momentum to our customers' positive response to our many strategic initiatives, along with improving consumer confidence," Whole Foods CEO Walter Robb said. Separately, TheStreet Ratings team rates WHOLE FOODS MARKET INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation: "We rate WHOLE FOODS MARKET INC (WFM) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value." You can view the full analysis from the report here: WFM Ratings Report WFM data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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