Sprouts Farmers Market(US:SFM) Globenewswire·2025-12-22 17:55Core Viewpoint - Levi & Korsinsky has initiated a securities fraud class action lawsuit against Sprouts Farmers Market, Inc. due to alleged violations of federal securities laws [1][5]. Group 1: Company Actions - The investigation was launched on October 30, 2025, and a complaint was filed in the District of Arizona on December 17, 2025 [5]. - Sprouts reported a 4.3% decrease in comparable store growth for the third quarter compared to the second quarter, which was below previous projections [5]. - The company reduced its full-year expectations for comparable store growth from 7.5%-9% to 7% [5]. Group 2: Market Reaction - Following the announcement of disappointing growth figures, Sprouts' stock price fell by $22.64 per share, closing at $81.49 on October 30, 2025 [5]. - Analysts quickly adjusted their price targets in response to the significant slowdown in Sprouts' growth [5]. Group 3: Legal Proceedings - The deadline for determining the lead plaintiff in the class action suit is January 26, 2026 [5]. - Levi & Korsinsky has a strong track record, having secured hundreds of millions of dollars for shareholders over the past 20 years [5].