Sprouts Q1 net sales $1.7B (+6% YoY); adj. EPS $0.98 (+24% YoY)

Sprouts Farmers Market, Inc.

2023-Q1 EPS reported $0.73 revenue$1,733,310,000

Net sales $1.7B, up 6% from prior year; comparable store sales +3.1%.
GAAP diluted EPS $0.73; adjusted diluted EPS $0.98, up 24% YoY.
Opened 8 new stores, closed 1, acquired 2 licensed stores; total 395 stores in 23 states.
CEO Jack Sinclair says long-term growth strategy gaining traction.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sprouts Farmers Market, Inc. reported first quarter ended April 2, 2023 results: revenue $1.7 billion, EPS $0.73.

Period: first quarter ended April 2, 2023
Revenue: $1.7 billion
EPS: $0.73
Result: reported results

Exact text from the filing

Net sales totaled $1.7 billion; a 6% increase from the same period in 2022 • Comparable store sales growth of 3.1% • Diluted earnings per share of $0.73; Adjusted diluted earnings per share of $0.98

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Sprouts Farmers Market, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-016232

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