Sprouts Farmers Market (SFM) Tops Q4 EPS by 1c, Comps Increase 4.6%, Offers Guidance
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Sprouts Farmers Market, Inc. Reports Fourth Quarter and Full Year 2017 Results
February 22, 2018 9:00 AM ESTPHOENIX, Feb. 22, 2018 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week fourth quarter and 52-week year ended December 31, 2017. The company also announced that its Board of Directors has authorized the company to repurchase, on a discretionary basis, up to an additional $350 million of its outstanding common stock through December 2019.
Fourth Quarter Highlights:
Net sales of $1.1 billion; a 16% increase from the same period in 2016Comparable store sales growth of 4.6% and two-year comparable store sales growth of... More