Whole Foods Market (Nasdaq: WFM) reported earnings yesterday. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended Jan. 15 (Q1), Whole Foods Market met expectations on revenues and beat expectations on earnings per share.

Compared to the prior-year quarter, revenue expanded and GAAP earnings per share grew significantly.

Margins expanded across the board.

Revenue details
Whole Foods Market recorded revenue of $3.39 billion. The 18 analysts polled by S&P Capital IQ foresaw a top line of $3.38 billion. GAAP sales were 13% higher than the prior-year quarter's $3.00 billion.

My

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
EPS came in at $0.65. The 22 earnings estimates compiled by S&P Capital IQ predicted $0.60 per share. GAAP EPS of $0.65 for Q1 were 27% higher than the prior-year quarter's $0.51 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Margin details
For the quarter, gross margin was 34.7%, 10 basis points better than the prior-year quarter. Operating margin was 5.7%, 70 basis points better than the prior-year quarter. Net margin was 3.5%, 50 basis points better than the prior-year quarter.

Looking ahead
Next quarter's average estimate for revenue is $2.65 billion. On the bottom line, the average EPS estimate is $0.58.

Next year's average estimate for revenue is $11.59 billion. The average EPS estimate is $2.27.

Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 4,058 members out of 4,620 rating the stock outperform, and 562 members rating it underperform. Among 1,435 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 1,338 give Whole Foods Market a green thumbs-up, and 97 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Whole Foods Market is outperform, with an average price target of $76.75.

While many retailers continue to struggle in these tough economic time, a select few are changing the face of the business, and reaping outsized rewards. Is Whole Foods Market the right stock for you? Read "The Death of Wal-Mart: The Real Cash Kings Changing the Face of Retail" and decide. Click here for instant access to this free report.

Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool owns shares of Whole Foods Market. Motley Fool newsletter services have recommended buying shares of Whole Foods Market. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.