Exploring Analyst Estimates for Sprouts Farmers (SFM) Q2 Earnings, Beyond Revenue and EPS

Core Insights - Analysts project that Sprouts Farmers (SFM) will report quarterly earnings of $1.23 per share, reflecting a year-over-year increase of 30.9% [1] - Revenue is expected to reach $2.17 billion, marking a 14.4% increase from the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised upward by 0.3% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Key Metrics - Comparable store sales growth is forecasted to be 8.1%, up from 6.7% a year ago [5] - Analysts estimate that the number of stores at the end of the period will reach 453, compared to 419 the previous year [5] - The number of new stores opened is projected to be 10, an increase from 5 in the same quarter last year [5] - The average prediction for stores at the beginning of the period is 443, compared to 414 a year ago [6] Market Performance - Sprouts Farmers shares have increased by 2.5% in the past month, while the Zacks S&P 500 composite has risen by 4.6% [6] - With a Zacks Rank 1 (Strong Buy), SFM is expected to outperform the overall market in the near term [6]