Sprouts Farmers Market(SFM)
Search documents
Why Sprouts Farmers Market Stock Crashed Today
Yahoo Finance· 2025-10-30 20:43
Core Insights - Shares of Sprouts Farmers Market (NASDAQ: SFM) dropped 26% following a warning about a slowdown in same-store sales growth [1] Group 1: Financial Performance - Sprouts' net sales increased by 13% year over year to $2.2 billion in Q3, driven by new store openings and higher sales at existing locations [3] - The grocery chain opened 9 new stores in the quarter, raising its total store count to 464 across 24 states as of September 28 [3] - Net income rose by 31% to $120 million, and earnings per share increased by 34% to $1.22, supported by stock buybacks [4] Group 2: Sales Trends - Management indicated that same-store sales growth is expected to be 2% or less in Q4 due to price-sensitive consumers reducing spending [5] - CEO Jack Sinclair noted that while Q3 was solid, it did not meet top-line expectations, with same-store sales moderating faster than anticipated [6]
These Analysts Lower Their Forecasts On Sprouts Farmers Market Following Q3 Results - Sprouts Farmers Market (NASDAQ:SFM)
Benzinga· 2025-10-30 17:40
Core Insights - Sprouts Farmers Market reported third-quarter earnings of $1.22 per share, exceeding analyst expectations of $1.17 per share, but quarterly sales of $2.200 billion fell short of the consensus estimate of $2.225 billion [1] - The company provided fourth-quarter adjusted EPS guidance of 86 to 90 cents, below market estimates of 98 cents [2] - Following the earnings announcement, Sprouts Farmers Market shares dropped 26% to $77.29 [3] Financial Performance - Third-quarter earnings per share: $1.22, beating the consensus estimate of $1.17 [1] - Quarterly sales: $2.200 billion, missing the analyst consensus estimate of $2.225 billion [1] - Fourth-quarter adjusted EPS guidance: 86 to 90 cents, compared to market estimates of 98 cents [2] Management Commentary - CEO Jack Sinclair highlighted the company's strategy of opening stores nationwide and its resonance with target customers, contributing to strong third-quarter performance [3] - Sinclair emphasized the company's financial foundation and disciplined execution as key to delivering sustainable earnings growth [3] Analyst Reactions - Wells Fargo analyst Edward Kelly maintained an Overweight rating but lowered the price target from $180 to $135 [6] - RBC Capital analyst Steven Shemesh maintained an Outperform rating and reduced the price target from $148 to $140 [6] - Goldman Sachs analyst Kate McShane kept a Buy rating while lowering the price target from $178 to $152 [6] - Evercore ISI Group analyst Michael Morris maintained an Outperform rating and cut the price target from $175 to $130 [6]
These Analysts Lower Their Forecasts On Sprouts Farmers Market Following Q3 Results
Benzinga· 2025-10-30 17:40
Core Insights - Sprouts Farmers Market reported third-quarter earnings of $1.22 per share, exceeding the analyst consensus estimate of $1.17 per share, but quarterly sales of $2.200 billion fell short of the expected $2.225 billion [1] - The company provided fourth-quarter adjusted EPS guidance of 86 cents to 90 cents, which is below market estimates of 98 cents [2] - Following the earnings announcement, Sprouts Farmers Market shares dropped 26% to $77.29 [3] Analyst Reactions - Wells Fargo analyst Edward Kelly maintained an Overweight rating but reduced the price target from $180 to $135 [6] - RBC Capital analyst Steven Shemesh kept an Outperform rating while lowering the price target from $148 to $140 [6] - Goldman Sachs analyst Kate McShane maintained a Buy rating and decreased the price target from $178 to $152 [6] - Evercore ISI Group analyst Michael Morris maintained an Outperform rating and cut the price target from $175 to $130 [6]
Sprouts Farmers Q3 Earnings Beat, Comparable Store Sales Moderate
ZACKS· 2025-10-30 15:30
Core Insights - Sprouts Farmers Market, Inc. (SFM) reported third-quarter 2025 results with net sales falling short of estimates while earnings per share exceeded expectations, indicating mixed performance [1][2][9] Financial Performance - Quarterly earnings were $1.22 per share, surpassing the Zacks Consensus Estimate of $1.17, and up from $0.91 in the same period last year [2][9] - Net sales reached $2,200.4 million, below the Zacks Consensus Estimate of $2,229 million, but increased by 13% year over year, driven by new store sales and comparable store sales growth [2][3] Comparable Store Sales - Comparable store sales rose by 5.9%, below the projected 7.6% increase, and decelerated from 10.2% and 11.7% in the previous two quarters [3][11] - E-commerce sales grew by 21%, accounting for 15.5% of total sales during the quarter [3] Margins and Operating Income - Gross profit increased by 14.9% year over year to $851.1 million, with gross margin expanding by 60 basis points to 38.7%, exceeding expectations [4] - Operating income rose to $157.4 million from $122.5 million year over year, with operating margin expanding by 90 basis points to 7.2% [5] Expenses and Store Expansion - SG&A expenses increased by 12.6% year over year to $653.3 million, but as a percentage of net sales, it improved to 29.7% due to lower compensation expenses [6] - The company opened nine new stores during the quarter, bringing the total to 464 stores, with plans to open 37 new stores in 2025 and more in 2026 [7] Financial Health - Cash and cash equivalents stood at $322.4 million, with long-term debt of approximately $53.4 million and stockholders' equity of $1,434.6 million [8] - The company repurchased 0.4 million shares for $50 million under a $1 billion share repurchase program [8] Future Guidance - For Q4 2025, SFM expects flat to 2% growth in comparable store sales and adjusted earnings between $0.86 and $0.90 per share [11] - The company anticipates 2025 net sales growth of 14% and comparable store sales growth of 7%, adjusting previous projections [11][12]
Morning Market Movers: CMBM, VCIG, FMC, ARBB See Big Swings
RTTNews· 2025-10-30 11:54
Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - Cambium Networks Corporation (CMBM) is up 134% at $6.92 [3] - VCI Global Limited (VCIG) is up 119% at $3.95 [3] - ARB IOT Group Limited (ARBB) is up 29% at $7.78 [3] - VivoSim Labs, Inc. (VIVS) is up 28% at $2.96 [3] - Guardant Health, Inc. (GH) is up 27% at $91.88 [3] - Tectonic Therapeutic, Inc. (TECX) is up 22% at $22.84 [3] - Metsera, Inc. (MTSR) is up 19% at $62.25 [3] - GeoPark Limited (GPRK) is up 18% at $7.84 [3] - Align Technology, Inc. (ALGN) is up 14% at $151.20 [3] - FormFactor, Inc. (FORM) is up 14% at $54.50 [3] Premarket Losers - FMC Corporation (FMC) is down 29% at $20.60 [4] - Sprouts Farmers Market, Inc. (SFM) is down 23% at $79.80 [4] - Veru Inc. (VERU) is down 22% at $2.71 [4] - Wolfspeed, Inc. (WOLF) is down 20% at $25.28 [4] - Chipotle Mexican Grill, Inc. (CMG) is down 17% at $32.86 [4] - Intellia Therapeutics, Inc. (NTLA) is down 15% at $11.06 [4] - TransMedics Group, Inc. (TMDX) is down 10% at $120.48 [4] - eBay Inc. (EBAY) is down 8% at $90.98 [4] - CPS Technologies Corporation (CPSH) is down 8% at $4.00 [4] - Carvana Co. (CVNA) is down 7% at $328.00 [4]
Sprouts underestimated the impact of softening consumers
Yahoo Finance· 2025-10-30 11:00
Core Insights - Sprouts Farmers Market experienced a significant decline in comparable store sales growth in Q3, attributed to macro-economic pressures and a softening consumer base [3][8] - The company reported a 5.9% year-over-year growth in comparable store sales, which is nearly half the growth rate from the previous quarter, marking the second consecutive quarter of deceleration [8] Store Expansion Plans - Sprouts plans to open 37 new stores in 2025, an increase from the original goal of 35, with a total of 464 stores currently in operation after opening nine new stores in Q3 [5] - The company aims for even more store openings in 2026, with a robust pipeline of 140 approved locations, and is on track to achieve a 10% unit growth by 2027 [6] Distribution Network Development - Sprouts made progress in establishing its own distribution network, completing the transition to self-distribution for fresh meat and seafood at four distribution centers in October [7] - The company anticipates completing this transition by Q2 2026 with the opening of a new distribution center in Northern California [7] Loyalty Program Rollout - The company has completed the rollout of its loyalty program, which is expected to support its growth initiatives despite the current challenges in consumer spending [8]
Why Alphabet Shares Are Trading Higher By Around 8%; Here Are 20 Stocks Moving Premarket - CERo Therapeutics Hldgs (NASDAQ:CERO), Aditxt (NASDAQ:ADTX)
Benzinga· 2025-10-30 09:38
Financial Performance - Alphabet Inc. reported third-quarter revenue of $102.35 billion, exceeding analyst estimates of $99.64 billion [1] - The company achieved earnings of $2.87 per share, surpassing expectations of $2.33 per share [1] Market Reaction - Shares of Alphabet rose 7.8% to $296.11 in pre-market trading following the earnings report [2] Other Notable Stocks - VCI Global Limited gained 110% to $3.78 after announcing plans to launch the XVIQ token [5] - Cambium Networks Corporation surged 87.8% to $5.54 after integrating its network solution with Starlink [5] - Guardant Health, Inc. rose 22.3% to $88.45 after reporting better-than-expected financial results and raising FY25 sales guidance [5] - FMC Corporation fell 27.3% to $21.10 after reporting a $510 million write-down and announcing a dividend cut [5][7]
Sprouts Farmers Market, Inc. 2025 Q3 - Results - Earnings Call Presentation (NASDAQ:SFM) 2025-10-30
Seeking Alpha· 2025-10-30 05:02
Group 1 - The article does not provide any specific content or key points related to a company or industry [1]
Compared to Estimates, Sprouts Farmers (SFM) Q3 Earnings: A Look at Key Metrics
ZACKS· 2025-10-30 00:31
Core Insights - Sprouts Farmers reported revenue of $2.2 billion for the quarter ended September 2025, reflecting a year-over-year increase of 13.1% [1] - The earnings per share (EPS) for the quarter was $1.22, up from $0.91 in the same quarter last year, resulting in an EPS surprise of +4.27% against the consensus estimate of $1.17 [1] - The reported revenue was slightly below the Zacks Consensus Estimate of $2.23 billion, showing a surprise of -1.27% [1] Financial Performance Metrics - Comparable store sales growth was 5.9%, which fell short of the average estimate of 7.6% based on four analysts [4] - The number of stores at the end of the period remained at 464, matching the average estimate from four analysts [4] - Nine new stores were opened during the quarter, consistent with the average estimate based on three analysts [4] - The number of stores at the beginning of the period was 455, aligning with the average estimate from two analysts [4] Stock Performance - Over the past month, shares of Sprouts Farmers have returned -1.8%, contrasting with the Zacks S&P 500 composite's increase of +3.8% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]
Sprouts Farmers (SFM) Surpasses Q3 Earnings Estimates
ZACKS· 2025-10-29 23:21
Core Viewpoint - Sprouts Farmers (SFM) reported quarterly earnings of $1.22 per share, exceeding the Zacks Consensus Estimate of $1.17 per share, and showing an increase from $0.91 per share a year ago, indicating a positive earnings surprise of +4.27% [1][2] Financial Performance - The company achieved revenues of $2.2 billion for the quarter ended September 2025, which was 1.27% below the Zacks Consensus Estimate, but up from $1.95 billion in the same quarter last year [2] - Over the last four quarters, Sprouts Farmers has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Stock Performance - Sprouts Farmers shares have declined approximately 16% since the beginning of the year, contrasting with the S&P 500's gain of 17.2% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.97 on revenues of $2.22 billion, and for the current fiscal year, it is $5.31 on revenues of $8.9 billion [7] - The outlook for the Food - Natural Foods Products industry is currently in the bottom 24% of Zacks industries, which may negatively impact stock performance [8]