Sprouts Farmers Market (SFM) Tops Q1 EPS by 13c; Guides EPS Above Views

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Go back to Sprouts Farmers Market (SFM) Tops Q1 EPS by 13c; Guides EPS Above Views

Sprouts Farmers Market, Inc. Reports First Quarter 2023 Results

May 1, 2023 4:02 PM EDT

PHOENIX, May 01, 2023 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week first quarter ended April 2, 2023.

"We are pleased with our first quarter; we believe our long-term growth strategy is gaining traction and driving positive performance," said Jack Sinclair, chief executive officer of Sprouts Farmers Market. "Our results included comparable store sales growth of 3.1%, total sales growth of 6 percent, and adjusted diluted earnings per share growth of 24 percent."

First Quarter Highlights:

Net sales totaled $1.7 billion; a 6% increase... More