Sprouts Farmers (SFM) Gains as Q2 Earnings Beat & Comps Impress

Shares of Sprouts Farmers Market, Inc. (SFM) advanced 15.2% during the after-market trading session on Jul 29, 2024. The stock gained following the company's better-than-expected second-quarter performance and an upbeat outlook for 2024. Shares of this Zacks Rank #3 (Hold) company have surged 68.1% in the past six months compared with the industry's growth of 14.7%. The renowned grocery retailer delivered quarterly earnings of 94 cents a share, which beat the Zacks Consensus Estimate of 77 cents. The bottom ...