---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-007385"
form_type: "8-K"
ticker: "SFM"
cik: "0001575515"
company_name: "Sprouts Farmers Market, Inc."
filed_at: "2022-05-04T23:59:59+00:00"
generated_at: "2026-06-26T00:42:02.250257+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Sprouts Q1 EPS $0.79 beats prior year; sales +4% to $1.6B; FY guidance at low end

## Summary
- Net sales $1.6B (+4% YoY); comp store sales +1.6%; diluted EPS $0.79 vs $0.70 in Q1 2021.
- Opened 6 new stores, closed 1; total 379 stores in 23 states as of April 3, 2022.
- Cash from ops $153M; $324M cash; new $600M buyback authorized; new $700M credit facility with ESG-linked pricing.
- FY outlook: sales growth, comp growth, EPS now at low end of prior range; Q2 EPS $0.49-$0.53; flat comps.
- Management notes inflation pressure; customers buying fewer items; cautious outlook for rest of year.

## SEC filing metadata
- accession: 0000950170-22-007385
- form_type: 8-K
- ticker: SFM
- cik: 0001575515
- company_name: Sprouts Farmers Market, Inc.
- filed_at: 2022-05-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575515/000095017022007385/0000950170-22-007385-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575515/000095017022007385/sfm-20220504.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-007385
- JSON: https://secwatch.observer/filing/0000950170-22-007385.json
- Plain text: https://secwatch.observer/filing/0000950170-22-007385.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.