Sprouts Farmers Market(US:SFM) Globenewswire·2026-01-24 15:59Core Viewpoint - A class action lawsuit has been filed against Sprouts Farmers Market, Inc. for allegedly making materially false and misleading statements regarding its growth potential and customer resilience during the Class Period from June 4, 2025, to October 29, 2025 [7]. Allegation Details - The lawsuit claims that Sprouts overstated its growth potential for fiscal year 2025 and misled investors about the resilience of its customer base against macroeconomic pressures [7]. - It is alleged that the company concealed the risk of a significant slowdown in sales growth due to a more cautious consumer, which would negate any perceived benefits from favorable market conditions [7]. Financial Impact - On October 29, 2025, Sprouts reported disappointing third-quarter results, with comparable store growth falling below expectations and subsequently lowered its fourth-quarter guidance and full-year estimates [7]. - Following this announcement, Sprouts' stock price dropped from $104.55 per share to $77.25 per share on October 30, 2025, marking a decline of approximately 26.11% [7].