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Factors Likely to Influence Sprouts Farmers' (SFM) Q1 Earnings [Yahoo! Finance]
Last ross stores, inc. earnings: 3/3 04:01 pm
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US:NASDAQ Investor Relations: investors.rossstores.com
The Zacks Consensus Estimate for revenues stands at $1,839 million, which indicates an increase of 6.1% from the prior-year reported figure. The bottom line of this grocery retailer is also expected to rise year over year. Over the past 30 days, the Zacks Consensus Estimate for first-quarter earnings per share has been stable at $1.00, which suggests an increase of 2% from the year-ago quarter. The company had guided adjusted earnings in the band of 98 cents-$1.02 per share for the quarter. Sprouts Farmers has a trailing four-quarter earnings surprise of 10%, on average. In the last reported quarter, this Phoenix, AZ-based company surpassed the Zacks Consensus Estimate by a margin of 8.9%. Factors to Consider Sprouts Farmers' focus on product innovation, technology and targeted marketing with everyday great pricing bodes well. It has been steadily expanding its presence in the natural organic space, given the huge demand in the segment. Management has been lowering operational
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