Sprouts Farmers Market (SFM) Tops Q1 EPS by 1c; Updates FY16 Outlook
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Sprouts Farmers Market, Inc. Reports First Quarter 2016 Results
May 5, 2016 9:03 AM EDTPHOENIX, May 05, 2016 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week first quarter ended April 3, 2016.Â
First Quarter Highlights:
Net sales of $993.2 million; a 16% increase from the same period in 2015Comparable store sales growth of 4.8% and two-year comparable store sales growth of 9.5%Net income of $46.2 million and diluted earnings per share of $0.30Net Income increased 20% from adjusted net income in the same period in 2015Diluted earnings per share increased 20% from adjusted diluted earnings per share... More