Sprouts Farmers Market (SFM) Tops Q2 EPS by 23c, Revenues In-Line

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Sprouts Farmers Market, Inc. Reports Second Quarter 2020 Results and July Update

July 29, 2020 4:02 PM EDT

PHOENIX, July 29, 2020 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week second quarter ended June 28, 2020 and an update on July results.

Second Quarter Highlights:

Net sales of $1.6 billion; a 16% increase from the same period in 2019Comparable store sales growth of 9.1% and two-year comparable store sales growth of 9.2%Net income of $67 million and adjusted net income(1) of $70 million; compared to net income and adjusted net income of $35 million from the same period in 2019Diluted... More