Sprouts Farmers Market(US:SFM) Prnewswire·2025-12-11 15:04Core Viewpoint - The complaint against Sprouts Farmers Market alleges that the company and its executives made misleading statements regarding the company's growth potential, which led to shareholders purchasing securities at inflated prices [2]. Financial Performance - On October 29, 2025, Sprouts reported a 4.3% decrease in comparable store growth compared to the previous quarter, which was below the company's earlier projections [3]. - The management projected a further reduction in comparable sales growth for the fourth quarter, estimating only 0%-2% growth, and revised full-year expectations down from 7.5%-9% to 7% [3]. - Following the announcement of these disappointing results, Sprouts' stock price dropped by $22.64 per share, opening at $81.91 [3]. Legal Proceedings - The lead plaintiff in the class action lawsuit is the investor with the largest financial interest in the relief sought, who will oversee the litigation on behalf of the class [4]. - Any member of the putative class can move to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [4]. Whistleblower Information - The law firm Faruqi & Faruqi encourages individuals with information regarding Sprouts' conduct, including whistleblowers and former employees, to come forward [5].