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Whole Foods (WFM) Stock Climbs on Q4 Beat, Leadership Changes

NEW YORK (TheStreet) -- Shares of Whole Foods Market (WFM) were rising in after-hours trading on Wednesday after posting better-than-anticipated earnings for the 2016 fourth quarter and announcing that it would eliminate its current co-CEO structure.

After the market close, the Austin, TX-based supermarket reported adjusted earnings of 28 cents per share, beating analysts' expectations of 24 cents per share.

Revenue rose to $3.50 billion from $3.44 billion a year ago...