Sprouts Farmers (SFM) Unveils $600M Share Repurchase Plan

Curtis Valentine, the CFO of Sprouts Farmers, emphasized the strong cash flow generation and the board's confidence in the company's strategic direction as key drivers behind the share repurchase program. Valentine stated, "The extension of the ongoing share repurchase program reflects strong cash flow generation and the Board's confidence in the company's strategic direction and potential." During the 13 weeks ended Mar 31, 2024, Sprouts Farmers, a Zacks Rank #1 (Strong Buy) company at present, generated $ ...