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The headline numbers for Sprouts Farmers (SFM) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Sprouts Farmers (SFM) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to earnings of $0.71 per share a year ago.
PHOENIX--(BUSINESS WIRE)--Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week second quarter ended June 30, 2024. "Sprouts saw outstanding second quarter results, thanks to exceptional teamwork and strategic focus,” said Jack Sinclair, chief executive officer of Sprouts Farmers Market. “Customers are responding to our healthy product assortment and our unique in-store experience. We are excited about the opportunities ahead." Second Quarter Highlights: Net sales to.
Sprouts aims to increase the number of stores by 10% per year, and currently appears to be managing to maintain this pace. The company has grown significantly in recent years, and currently shows strong fundamentals. The stock has seen a growth of 111% in a year, and through my valuation, I believe there is still room for further growth.
Besides Wall Street's top -and-bottom-line estimates for Sprouts Farmers (SFM), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.
Sprouts Farmers' (SFM) second-quarter results are likely to reflect the focus on product innovation, targeted marketing and creating a robust omni-channel experience.
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CERRITOS, Calif. , July 23, 2024 /PRNewswire/ -- Customers can now find Korea's representative health supplement brand "JungKwanJang" at the premium market "Sprouts Farmers Market.
Sprouts Farmers' (SFM) approach centers around enriching the customer experience, ensuring that every strategy is tailored to meet customer needs.
Sprouts Farmers (SFM) reachead $82.63 at the closing of the latest trading day, reflecting a -0.08% change compared to its last close.