secwatch.observer — SEC 8-K summary
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Issuer:     Sprouts Farmers Market, Inc. (SFM)
CIK:        0001575515
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0000950170-23-005722
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sprouts Q4 EPS $0.42 beats prior year $0.32; FY2023 guidance sees 4-6% sales growth
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- Q4 net sales $1.6B (+6% YoY); comparable store sales +2.9%; diluted EPS $0.42 vs $0.32.
- FY2022 net sales $6.4B (+5%); comparable store sales +2.2%; diluted EPS $2.39 vs $2.10.
- FY2023 outlook: net sales growth 4-6%, adjusted diluted EPS $2.41-$2.53, 30 new stores, 11 store closures.
- Q1 2023 outlook: comparable store sales +1.5-2.5%, adjusted diluted EPS $0.83-$0.87.
- Ended 2022 with $293M cash, $250M drawn on $700M revolver; repurchased 6.9M shares for $200M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1575515/000095017023005722/0000950170-23-005722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1575515/000095017023005722/sfm-20230302.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-005722

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