Sprouts Farmers Market (SFM) Tops Q4 EPS by 2c; Issues Confident FY16 Outlook
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February 26, 2016 8:59 AM EST
Piper Jaffray analyst, Sean Naughton, isn't chasing shares of Sprouts Farmers Market (NASDAQ: SFM). Despite strong results and a positive outlook, the valuation is keeping him on the sidelines. No change to Neutral rating but the PT rises to $30 on a stable earnings multiple.
Q4 was an impressive quarter for Sprouts with comps up 7.4% compared... More
February 26, 2016 7:48 AM EST
RBC Capital reiterated an Outperform rating and $33.00 price target on Sprouts Farmers Market (NASDAQ: SFM) following the company's 4Q earnings report. Sprouts delivered a strong comparable store sales beat (7.4% vs consensus of 5.7%), besting even the highest estimate on the Street. RBC believes... More
February 25, 2016 8:41 AM EST
Sprouts Farmers Market, Inc. (Nasdaq: SFM) announced that Brad Lukow will join the company as chief financial officer, effective March 4, 2016. Lukow comes to Sprouts with 25 years of financial executive experience in the consumer retail sector, including six years as chief financial officer at Shoppers Drug Mart, Canadas leading drug store retailer with over 1,300 locations. In that position, in addition to finance, treasury and investor relations, he also oversaw the strategy and acquisitions, real estate development and... More
