Sprouts Farmers Market (SFM) Tops Q4 EPS by 1c, Revenues Beat, Comp. Store Sales Up 2.3%; FY19 EPS Guidance Below Consensus

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Sprouts Farmers Market, Inc. Reports Fourth Quarter and Full Year 2018 Results

February 21, 2019 9:00 AM EST

PHOENIX, Feb. 21, 2019 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week fourth quarter and 52-week year ended December 30, 2018. 

Fourth Quarter Highlights:

Net sales of $1.3 billion; an 11% increase from the same period in 2017Comparable store sales growth of 2.3% and two-year comparable store sales growth of 6.9%Net income of $13 million, compared to $40 million from the same period in 2017Adjusted net income(1) of $24 million; compared to $21 million from the same period in 2017Diluted earnings per share of... More