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0.000206882283980423 0.000206882283980423 -6.89607613269383E-05 0.0011723329425556 0.00248258740776488 0.000758568374594753 -0.0011723329425558 -0.00310323425970634
Stock impact report

Why Sprouts Farmers Market Stock Is Skyrocketing Today [Yahoo! Finance]

Sprouts Farmers Market, Inc. (SFM) 
NASDAQ:AMEX Investor Relations: investors.sprouts.com
Company Research Source: Yahoo! Finance
During Q1, Sprouts' sales and generally accepted accounting principles (GAAP) earnings per share (EPS) increased to $1.9 billion and $1.12, respectively, growing by 9% and 14%. These sales figures were well ahead of Wall Street's consensus estimates of $1.84 billion in sales and $1 in EPS, helping propel the stock to new all-time highs. A magnificent first quarter from Sprouts Farmers Market Specializing in attribute-driven foods (think gluten-free, organic, vegan, dairy-free, or grass-fed), Sprouts has successfully carved out its niche in the grocery industry. After adding seven new stores in Q1, the company has 414 locations across 23 states. Management plans to add 35 stores throughout 2024, setting out to reach its goal of 700 or more locations over the longer term. However, Sprouts' existing locations did much of the heavy lifting in Q1, delivering comparable store growth rates of 4%, which is at the high end of management's expectations for 2024. The company's e-commerce Show less Read more
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