Sprouts Farmers Market(SFM)

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Sprouts Farmers Market: Aggressive Expansion, Terrible Multiples (Rating Downgrade)
Seeking Alpha· 2025-05-06 10:21
The stock market has all but shaken off the fear that dragged equities down alongside the announcement of new tariffs in April. But while investors' mood has become more sanguine, it's critical for individual investors to emphasize value in their portfolios: and particularly, whenWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the ...
Sprouts Farmers Q1 Earnings Surpass Estimates, Comp Sales Up 11.7%
ZACKS· 2025-05-01 13:05
Core Insights - Sprouts Farmers Market, Inc. (SFM) reported strong first-quarter 2025 results, with both top and bottom lines exceeding expectations and showing year-over-year growth [1][2] Financial Performance - Quarterly earnings were $1.81 per share, surpassing the Zacks Consensus Estimate of $1.54, and reflecting a 61.6% increase from $1.12 in the same period last year [2] - Net sales reached $2,236.4 million, exceeding the Zacks Consensus Estimate of $2,195 million, and representing an 18.7% year-over-year increase driven by new store sales and comparable store sales growth [2] - Comparable store sales increased by 11.7%, outperforming the estimate of 10.5%, while e-commerce sales grew by 28%, accounting for 15% of total sales [3] Margin Analysis - Gross profit rose by 22.7% year over year to $886.4 million, with gross margin expanding by 129 basis points to 39.6%, exceeding the expected 50 basis points expansion [4] - Operating income increased to $226.3 million from $148.3 million in the prior year, with operating margin expanding by 220 basis points to 10.1%, surpassing the anticipated 140 basis points expansion [5] Store Expansion - During the quarter, Sprouts Farmers opened three new stores, bringing the total to 443 stores across 24 states as of March 30, 2025, with plans to open at least 35 new stores in 2025 [6] Financial Health - The company ended the quarter with cash and cash equivalents of $285.7 million, long-term debt of approximately $6.9 million, and stockholders' equity of $1,288 million [7] - Cash generated from operations was $299.1 million, with capital expenditures of $49 million year to date through March 30, 2025 [7] Future Outlook - For the second quarter of 2025, Sprouts Farmers anticipates comparable store sales growth between 6.5% and 8.5%, with adjusted earnings projected between $1.19 and $1.23 per share compared to 94 cents in the prior year [9] - The company expects full-year net sales growth of 12% to 14% and comparable store sales growth of 5.5% to 7.5%, with adjusted earnings before interest and taxes projected between $640 million and $660 million for 2025 [10] - Full-year earnings are projected to be between $4.94 and $5.10 per share, indicating growth from $3.75 per share reported in 2024 [11]
Sprouts Farmers (SFM) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2025-05-01 00:05
Financial Performance - For the quarter ended March 2025, Sprouts Farmers (SFM) reported revenue of $2.24 billion, an increase of 18.7% year-over-year [1] - EPS for the quarter was $1.81, up from $1.12 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $2.2 billion, resulting in a surprise of +1.88% [1] - The company delivered an EPS surprise of +17.53%, with the consensus EPS estimate being $1.54 [1] Key Metrics - Comparable store sales growth was 11.7%, surpassing the average estimate of 10.7% based on four analysts [4] - The number of stores at the end of the period was 443, slightly below the four-analyst average estimate of 444 [4] - Three new stores were opened, compared to an average estimate of four by three analysts [4] - The number of stores at the beginning of the period was 440, matching the two-analyst average estimate [4] Stock Performance - Shares of Sprouts Farmers have returned +11% over the past month, while the Zacks S&P 500 composite experienced a -0.2% change [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential outperformance against the broader market in the near term [3]
Sprouts Farmers (SFM) Surpasses Q1 Earnings and Revenue Estimates
ZACKS· 2025-04-30 22:30
Sprouts Farmers (SFM) came out with quarterly earnings of $1.81 per share, beating the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 17.53%. A quarter ago, it was expected that this natural and organic food retailer would post earnings of $0.73 per share when it actually produced earnings of $0.79, delivering a surprise of 8.22%.Over the last fou ...
Sprouts Farmers Market(SFM) - 2025 Q1 - Earnings Call Transcript
2025-04-30 21:00
Sprouts Farmers Market (SFM) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Company Participants Susannah Livingston - VP of IR and TreasuryJack Sinclair - CEOCurtis Valentine - Chief Financial OfficerNick Konat - President and COOKen Goldman - Managing DirectorMark Carden - Director - Equity ResearchMichael Montani - Managing DirectorBill Kirk - Managing DirectorKelly Bania - MD - Equity ResearchScott Mushkin - Founder, CEO, Managing Partner & Director of Research Conference Call Participants Leah Jordan ...
Sprouts Farmers Market(SFM) - 2025 Q1 - Earnings Call Transcript
2025-04-30 21:00
Sprouts Farmers Market (SFM) Q1 2025 Earnings Call April 30, 2025 05:00 PM ET Speaker0 Hello, and welcome to the Sprouts Farmers Market First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. After the speaker presentation, there will be a question and answer session. To ask a question during the session, you will need to press 11 on your telephone. You will then hear an automated message advising your hand has been raised. To withdraw your questi ...
Sprouts Farmers Market(SFM) - 2025 Q1 - Earnings Call Presentation
2025-04-30 20:44
SPROUTS FARMERS MARKET Investor Deck April 2025 Forward-Looking Statements Certain statements in this presentation are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Sprouts Farmers Market, Inc. (the "Company") or its management "anticipates," "plans," "estimates," "expects," or "believes," or the negative of these terms and other simil ...
Sprouts Farmers Market(SFM) - 2026 Q1 - Quarterly Report
2025-04-30 20:08
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 30, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-36029 Sprouts Farmers Market, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or ...
Sprouts Farmers Market(SFM) - 2026 Q1 - Quarterly Results
2025-04-30 20:04
PHOENIX, Ariz. – (Business Wire) – April 30, 2025 – Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week first quarter ended March 30, 2025. "We are delighted with Sprouts' strong start to 2025," said Jack Sinclair, chief executive officer of Sprouts Farmers Market. "These results highlight the effectiveness of our differentiated strategy and excellent execution. Our team members bring knowledge and passion for healthy eating to our core customers every day, and we remain confid ...
Sprouts Farmers (SFM) Is Up 4.92% in One Week: What You Should Know
ZACKS· 2025-04-29 17:00
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...