Sprouts Farmers Market, Inc. (NASDAQ:SFM) Q1 2022 Results Earnings Conference Call May 4, 2022 5:00 PM ET Company Participants Susannah Livingston - Vice President of Investor Relations & Treasury Jack Sinclair - Chief Executive Officer Chip Molloy - Chief Financial Officer Conference Call Participants Mark Carden - UBS Scott Mushkin - R5 Capital Charles Grom - Gordon Haskett Karen Short - Barclays Edward Kelly - Wells Fargo Krisztina Katai - Deutsche Bank Rupesh Parikh - Oppenheimer Thomas Palmer - ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended April 3, 2022 or Delaware 32-0331600 (I.R.S. Employer Identification No.) ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 5455 East High Street, Suite 111 Phoenix, Arizona 85054 For the transition period from to Commission File Number: 001-36029 (Address of principa ...

Q4 & Full Year 2021 Earnings February 2022 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 (including, but not limited to, statements to the effect that Sprouts Farmers Market, Inc. (the "Company") or its management "anticipates," "plans," "estimates," "expects," "believes," or the negative of these terms and other similar expressions) that are not statements of historic ...

Sprouts Farmers Market, Inc. (NASDAQ:SFM) Q4 2021 Earnings Conference Call February 24, 2022 5:00 PM ET Company Participants Susannah Livingston - Vice President of Investor Relations & Treasury Jack Sinclair - Chief Executive Officer Chip Molloy - Chief Financial Officer Conference Call Participants Ken Goldman - JPMorgan Mark Carden - UBS Scott Mushkin - R5 Capital Rupesh Parikh - Oppenheimer Charles Cerankosky - North Coast Research Kelly Bania - BMO Capital Kendall Toscano - Bank of America Krisztina Ka ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended January 2, 2022 OR ☐ 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) Delaware 32-0331600 (I.R.S. Employer Identification No. ...

SPROUTS FARMERS MARKET Q3 2021 Earnings November 2021 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 (including, but not limited to, statements to the effect that Sprouts Farmers Market, Inc. (the "Company") or its management "anticipates," "plans," "estimates," "expects," "believes," or the negative of these terms and other similar expressions) that are not statements ...

Sprouts Farmers Market, Inc. (NASDAQ:SFM) Q3 2021 Earnings Conference Call November 4, 2021 5:00 PM ET Company Participants Susannah Livingston - VP of IR and Treasury Jack Sinclair - CEO Chip Molloy - CFO Conference Call Participants Scott Mushkin - R5 Capital Matt Fishbein - Jefferies Ken Goldman - JPMorgan Mark Carden - UBS Krisztina Katai - Deutsche Bank Edward Kelly - Wells Fargo Brandon Fletcher - Bernstein Rupesh Parikh - Oppenheimer Karen Short - Barclays Operator Good day and thank you for standing ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended October 3, 2021 or ☐ 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) Delaware 32-0331600 (State or other jurisdictio ...

Financial Data and Key Metrics Changes - For Q2 2021, adjusted diluted earnings per share were $0.52, down from $0.59 in 2020, but up 73% compared to Q2 2019 [25] - Net sales decreased 7% to $1.5 billion, with comparable store sales down 10% year-over-year; however, on a two-year basis, net sales were up 7% compared to Q2 2019 [26] - Gross profit was $550 million, with a gross margin of 36.1%, a decrease of 115 basis points from Q2 2020, but up 330 basis points compared to Q2 2019 [34] - SG&A costs decreased by $52 million to $436 million, representing 28.7% of sales, leveraging 108 basis points compared to the same period last year [35] - Adjusted EBIT for the quarter was $84 million, down from $96 million in 2020, but up 63% compared to Q2 2019 [36] Business Line Data and Key Metrics Changes - Deli sales were strong, driven by increased demand for prepared meal solutions [29] - E-commerce sales accounted for 10.1% of total sales, with a significant increase of over 350% compared to Q2 2019 [30] - Organic produce sales reached 35% of department sales, one of the highest penetration rates in the industry [13] Market Data and Key Metrics Changes - The reopening of restaurants and travel contributed to a slowdown in sales during May and June [20] - The company noted that customer traffic remained stable but did not grow as expected, indicating a need for improved marketing strategies [44][46] Company Strategy and Development Direction - The company is focused on rolling out innovation centers in new and existing stores, showcasing new products and enhancing customer experience [10][11] - Plans to open three new format stores across the country this year, which are smaller but more efficient, costing 20% less to build [19] - The company aims for 10% unit growth in 2022, with a strong real estate pipeline despite potential delays in store openings due to supply chain issues [39][106] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term strategy despite current challenges, emphasizing the importance of targeting the right customer base [50][106] - The company is adjusting its marketing mix to drive traffic, focusing on targeted promotions and partnerships [22][46] - The outlook for 2021 has been revised, expecting net sales to decline low single digits compared to 2020, with comparable store sales down 5% to 7% [38] Other Important Information - The company repurchased approximately $87 million in stock by the end of Q2, maintaining a low debt position with a net debt to EBITDA ratio of nearly zero [37] - The company is conducting research to understand changing customer habits in a post-COVID environment [33] Q&A Session Summary Question: Concerns about topline performance and customer targeting - Management remains confident in their strategy, noting that while traffic has not grown, the basket size has held steady [44][46] Question: Performance in recent weeks and guidance for Q3 and Q4 - Management could not provide specific current performance metrics but acknowledged the uncertainty surrounding the return to office dynamics [54] Question: Differences in sales performance across regions - No significant differences were noted across different marketplaces, although starting sales levels vary [57][61] Question: Impact of promotions on traffic - Management believes aggressive promotions could drive traffic but may attract less profitable customers, which is not the desired outcome [70][72] Question: Store delays and future openings - Delays in store openings are tied to supply chain issues, but the company remains optimistic about its 2022 pipeline [74][106] Question: SG&A performance and expectations - SG&A came in as expected, with a flattish rate anticipated for the year [78] Question: Customer shopping habits and value perception - Management is conducting research to understand customer value perceptions, which have remained stable among target customers [87][90]

SPROUTS FARMERS MARKET Q2 2021 Earnings August 2021 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 (including, but not limited to, statements to the effect that Sprouts Farmers Market, Inc. (the "Company") or its management "anticipates," "plans," "estimates," "expects," "believes," or the negative of these terms and other similar expressions) that are not statements of ...