---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-016232"
form_type: "8-K"
ticker: "SFM"
cik: "0001575515"
company_name: "Sprouts Farmers Market, Inc."
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T04:58:28.862346+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-016232
- form_type: 8-K
- ticker: SFM
- cik: 0001575515
- company_name: Sprouts Farmers Market, Inc.
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1575515/000095017023016232/0000950170-23-016232-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1575515/000095017023016232/sfm-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-016232
- JSON: https://secwatch.observer/filing/0000950170-23-016232.json
- Plain text: https://secwatch.observer/filing/0000950170-23-016232.txt

## Key facts
- Earnings Releases
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1575515/000095017023016232/0000950170-23-016232-index.htm

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