earnings
confidence high
sentiment positive
materiality 0.75
Sprouts Farmers Market Q2 sales up 6% to $1.7B; adjusted EPS $0.71, +25% YoY
Sprouts Farmers Market, Inc.
2023-Q2 EPS reported
$1.38
revenue$3,425,557,000
- Net sales $1.7B (+6% YoY); comparable store sales +3.2%.
- Diluted EPS $0.65; adjusted diluted EPS $0.71, up 25% from prior year.
- Opened 6 new stores, closed 10; total 391 stores in 23 states.
- CEO says on track with long-term growth strategy; positive traffic, enhanced supply chain, product innovation.