Sprouts Farmers Market(US:SFM) Yahoo Finance·2025-10-30 20:43Core 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]