Sprouts Farmers Market does not lose any speed in Q3 [Yahoo! Finance]
Sprouts Farmers Market, Inc. (SFM)
NASDAQ:AMEX Investor Relations:
investors.sprouts.com
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Source: Yahoo! Finance
Comparable-store sales rose 8.4% compared to the same period a year ago. “We are driving robust traffic growth and continue to execute at a very high level,” Sprouts CEO Jack Sinclair said in a press release. “We remain confident in our long-term growth potential.” For the rest of the fiscal year, Sprouts forecasted comparable-store sales growth to rise 8% to 10% year over year. Net sales and comparable-store sales growth for the full year are projected to increase 12% and 7% year over year, respectively. Other highlights of Sprouts' third quarter earnings include: Nine stores were opened during the 13-week third quarter Gross profit was just under $741 million, which is more than $75 million than Q3 2023 Net income was just under $301 million; a year ago it was under $209 million Adjusted EBITDA (or earnings before interest, taxes, depreciation, and amortization) came in at over $122.45 million, more than $32 million higher than a year ago Sprouts Farmers Market launc
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News
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SFM
Earnings
- 10/30/24 - Beat
SFM
Sec Filings
- 11/12/24 - Form SC
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- SFM's page on the SEC website