Sprouts Farmers Market(US:SFM) Prnewswire·2025-12-23 16:21Core 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 results, Sprouts' stock price dropped by $22.64, opening at $81.91 per share [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 the court to serve as lead plaintiff or choose to remain an absent class member without affecting their ability to share in any recovery [4]. Call for Information - The law firm Faruqi & Faruqi encourages individuals with information regarding Sprouts' conduct, including whistleblowers and former employees, to come forward [5].