Sprouts Farmers Market(SFM) - 2023 Q4 - Earnings Call Presentation

Financial Performance - Net sales increased by 8%[6] - Comparable store sales increased by 33%[7] - EPS(Earnings Per Share) growth increased by 17%[8] - Adjusted diluted EPS for the full year was $284[14] - Cash generation from operations reached $465 million[14] - Share repurchases amounted to $203 million[14] Growth & Expansion - Opened 30 new stores in the new format[5] - E-commerce grew to 122% of sales and added DoorDash to expand access to Sprouts[5] Strategic Initiatives - Sprouts Brand sales grew 13% in 2023 and added 400 new items[5] - Added Uber Eats to the Omnichannel offering to expand access to Sprouts[12] Future Outlook - Expects to open approximately 35 new stores in 2024[31] - Projects adjusted diluted earnings per share (EPS) of $285 to $295 for 2024[31]