RBC Capital Reiterates Outperform Following Sprouts Farmers Market's (SFM) Strong 4Q
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Sprouts Farmers Market Announces New Chief Financial Officer and Board Changes
February 25, 2016 8:40 AM ESTBrad Lukow Appointed Chief Financial OfficerAmin Maredia Appointed to the Board of Directors
PHOENIX, Feb. 25, 2016 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM), one of the fastest-growing retailers in the country, today 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... More
Sprouts Farmers Market, Inc. Reports Fourth Quarter and Full Year 2015 Results
February 25, 2016 8:31 AM ESTPHOENIX, Feb. 25, 2016 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 14-week fourth quarter and 53-week year ended January 3, 2016. Period-over-period increases stated herein reflect the comparison of 14 and 53 weeks in fourth quarter and fiscal year 2015 to 13 and 52 weeks in fourth quarter and fiscal year 2014, respectively, unless otherwise noted.
Fourth Quarter Highlights:
Net sales of $930.3 million; a 27% increase from the same period in 2014Comparable store sales growth of 7.4% and two-year comparable store sales growth of 15.9%, both on a 13-week basisNet... More