Sprouts Farmers Market(US:SFM) Globenewswire·2026-01-14 15:55Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential claims against Sprouts Farmers Market, Inc. due to allegations of misleading statements regarding the company's growth potential and sales performance [3][5]. Group 1: Legal Investigation - The law firm is encouraging investors who suffered losses in Sprouts between June 4, 2025, and October 29, 2025, to discuss their legal options [1]. - A federal securities class action has been filed against Sprouts, with a deadline of January 26, 2026, for investors to seek the role of lead plaintiff [3][6]. - The firm has a history of recovering hundreds of millions of dollars for investors since its founding in 1995 [4]. Group 2: Allegations Against Sprouts - The complaint alleges that Sprouts and its executives violated federal securities laws by making false and misleading statements about the company's growth potential [5]. - Specifically, the allegations include that the company provided overly positive statements while concealing material adverse facts, leading to artificially inflated stock prices [5]. - Following the release of disappointing third-quarter results, Sprouts reported a 4.3% decrease in comparable store growth and reduced its full-year sales growth expectations from 7.5%-9% to 7% [6]. Group 3: Financial Performance - On October 29, 2025, Sprouts announced a significant decline in comparable store growth, which was below previous projections [6]. - The company attributed its shortfall to challenging year-over-year comparisons and a softening consumer market, contradicting earlier claims of resilience [6]. - After the announcement, Sprouts' stock price fell by $22.64, opening at $81.91 per share [6].