Sprouts Farmers Mkt (SFM) Tops Q2 EPS by 2c; Boosts FY14 Outlook

Sprouts Farmers Mkt (NASDAQ: SFM) reported Q2 EPS of $0.20, $0.02 better than the analyst estimate of $0.18. Revenue for the quarter came in at $743.8 million versus the consensus estimate of $741.05 million.

Comparable store sales growth of 9.5% and two-year combined pro forma comparable store sales growth of 20.3%

Sprouts Farmers Mkt sees FY2014 EPS of $0.65-$0.67, versus prior guidance of $0.63-$0.65 and the consensus of $0.67. Sees comps up 8.5 - 9.5 percent. Sees net sales growth at 19 - 20 percent, from 18 - 20 percent prior.

For earnings history and earnings-related data on Sprouts Farmers Mkt (SFM) click here.

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