secwatch.observer — SEC 8-K summary
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Issuer:     Sprouts Farmers Market, Inc. (SFM)
CIK:        0001575515
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0000950170-22-014237
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sprouts Farmers Market beats Q2 with $0.57 EPS; guides FY22 adjusted EPS $2.18-$2.26
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- Net sales $1.6B (+5% YoY); comp store sales +2.0%.
- Diluted EPS $0.57 vs $0.52 prior year; Q3 adjusted EPS guidance $0.49-$0.53.
- Repurchased 2.4M shares for $65M in Q2; $289M cash, $250M drawn on $700M revolver.
- Opened 2 stores, closed 3; total 378 stores in 23 states.
- FY22 outlook: net sales growth 4-5%, comp sales 1-2%, 15-17 new stores, capex $130-150M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575515/000095017022014237/0000950170-22-014237-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575515/000095017022014237/sfm-20220803.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-014237

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer