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Whole Foods Market Reports Second Quarter 2009 Results
Date:5/13/2009

the space for construction and other purposes, which is typically when the shell of the store is complete or nearing completion. The average tender period, or length of time between tender date and opening date, will vary depending on several factors, one of which is the number of acquired leases, ground leases and owned properties in development, all of which generally have longer tender periods than standard operating leases.

                                   Stores      Stores     Current      Current
                                   Opened      Opened      Leases       Leases
    New Store Information            FY08    FY09 YTD    Tendered    Signed(1)
    --------------------------------------------------------------------------

    Number of stores
     (including relocations)           20          10          21           60
    Number of relocations               6           5           2            9
    Number of lease acquisitions,
     ground leases and owned
     properties                         4           3           6            7
    New markets                         3           1           4            8
    Average store size
     (gross square feet)           53,000      52,700      43,400       46,500
      As a percentage of
       existing store
       average size                  146%        145%        119%         128%
    Total square footage        1,060,700     527,100     911,200    2,826,200
      As a percentage of
       existing square footage        11%          5%          9%          27%
    Average tender period in
     months                           9.7        13.1
    Average pre-opening
     expense per store
     (incl. rent)                $2.5 mil
    Average pre-opening
     rent per store              $1.1 mil
    Average development
     cost (excl. pre-opening)   $15.8 mil
    Average development cost
     per square foot                 $297


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SOURCE Whole Foods Market
Copyright©2009 PR Newswire.
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