Sprouts Farmers Market(US:SFM)2025-04-30 20:44Company Strategy & Growth - Sprouts' long-term strategy focuses on sales growth, earnings growth, store expansion, and expanding ROIC [11] - The company aims to win with target customers through health attributes, quality, and fresh products [11] - Sprouts plans to add new stores in expanding markets and create an advantaged supply chain [11] - The company sees potential for 1000+ stores from coast to coast [49] - Sprouts expects to open at least 35 new stores in 2025 [71] Financial Performance & Targets - New stores open on average at $13 million in year 1 annual sales and grow 20% to 25% over the next 4 years [77] - New stores are targeted to achieve a blended ~8% EBITDA margins over the next 4 years [77] - The company targets ~10% unit growth and low single-digit comps [70] - Sprouts aims for low double-digit earnings growth and expansion of ROIC [70] Differentiated Assortment - Sprouts introduced more than 7,100 new items in 2024 [18] - In 2024, Sprouts Brand products generated $1.7 billion in sales [24] - Sprouts launched 300 new Sprouts Brand products in 2024 [24]