Sprouts Farmers Market (SFM) Reports In-Line Q2 EPS, Trims Guidance, Announces Leadership Succession

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Go back to Sprouts Farmers Market (SFM) Reports In-Line Q2 EPS, Trims Guidance, Announces Leadership Succession

Sprouts Farmers Market Announces Leadership Succession

August 6, 2015 4:10 PM EDT

Doug Sanders Appointed Executive Chairman of the Board Amin Maredia to Succeed Doug Sanders as Chief Executive Officer Jim Nielsen Appointed President and Chief Operating Officer

PHOENIX, Aug. 6, 2015 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today announced that, effective August 6, 2015, as part of the company's established leadership succession plan, Doug Sanders, the company's current president and chief executive officer and member of the board of directors, has been appointed executive chairman of the board. Amin Maredia, chief... More

Sprouts Farmers Market, Inc. Reports Second Quarter 2015 Results

August 6, 2015 4:06 PM EDT

PHOENIX, Aug. 6, 2015 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (the "Company") (Nasdaq: SFM) today reported results for its 13-week second quarter ended June 28, 2015.

Second Quarter Highlights:

Net sales of $902.2 million; a 21% increase from the same period in 2014 Comparable store sales growth of 5.1% and two-year comparable store sales growth of 14.6% Net income of $31.3 million and diluted earnings per share of $0.20 Adjusted net income of $35.0 million; a 16% increase from the same period in 2014 Adjusted diluted earnings per share of $0.22; a 10% increase from the same period in 2014 Adjusted... More