Sprouts Farmers Market (SFM) Tops Q1 EPS by 5c, Slight Beat on Revenues; Raises FY19 EPS Mid-Point Guidance Above Consensus

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Go back to Sprouts Farmers Market (SFM) Tops Q1 EPS by 5c, Slight Beat on Revenues; Raises FY19 EPS Mid-Point Guidance Above Consensus

Sprouts Farmers Market, Inc. Reports First Quarter 2019 Results

May 2, 2019 9:01 AM EDT

PHOENIX, May 02, 2019 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week first quarter ended March 31, 2019. 

First Quarter Highlights:

Net sales of $1.4 billion; a 10% increase from the same period in 2018Comparable store sales growth of 1.4% and two-year comparable store sales growth of 4.1%Net income of $56 million, compared to $67 million from the same period in 2018Adjusted net income(1) of $57 million; compared to $67 million from the same period in 2018Diluted earnings per share of $0.46; compared to... More