Sprouts Farmers Market rallies on strong Q2 results, raises FY24 ...

Jul 29, 2024 · Sprouts Farmers Market rallies on strong Q2 results, raises FY24 guidance above street view Jul. 29, 2024 4:38 PM ET Sprouts Farmers Market, Inc. (SFM) Stock By: Amy …

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Sprouts Farmers Market Rallies On Strong Q2 Results, Raises FY24

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Sprouts Farmers Market rallies on strong Q2 results, raises FY24 guidance above street view. S prouts Farmers Market ( NASDAQ: SFM) shares were launched more than 13% higher in after …

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Why Sprouts Farmers Market Stock Jumped 13% To A Record

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Jul 30, 2024 · The Phoenix-based supermarket chain, which specializes in natural and organic products, now expects 2024 net sales growth of 9% to 10%, up from 7% to 8%, and adjusted …

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Sprouts (NASDAQ:SFM) Delivers Strong Q2 Numbers, Stock Jumps …

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Jul 29, 2024 · Grocery store chain Sprouts Farmers Market (NASDAQ:SFM) reported Q2 CY2024 results beating Wall Street analysts' expectations, with revenue up 11.9% year on year to …

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Sprouts Farmers Market: Strong Q2 Raises Expectations Notably

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Jul 30, 2024 · SFM’s Q2 report was taken well by the market for a reason – the quarter’s revenues of $1.89 billion, at a 11.9% year-on-year growth, surprised Wall Street positively by …

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Sprouts Farmers Market Shares Surge On Strong Q2 Results And …

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Jul 30, 2024 · Zinger Key Points. Sprouts Farmers Market's impressive Q2 2024 results, with an adjusted EPS of $0.91 beating the estimated $0.78 and sales of $1.890 billion.

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Sprouts Reports Strong Q2 Results - Grocery Dive

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Jul 30, 2024 · Dive Brief: Sprouts Farmers Market reported strong second-quarter results on Monday with sales up 12% year over year to $1.9 billion and a 6.7% increase in comparable …

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Sprouts Farmers Market Jumps 15% On Q2 Results And Upgrades

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The robust Q2 results have led Sprouts to raise its FY24 guidance, now expecting net sales growth between 9% to 10% and comparable store sales growth of 4% to 5%.

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Sprouts Farmers Markets News - Markets Insider

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Sprouts Farmers Market rallies on strong Q2 results, raises FY24 guidance above street view Seeking Alpha 97d Sprouts Farmers Market Non-GAAP EPS of $0.94 beats by $0.16, revenue …

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Sprouts Farmers Market's Same Store Sales 'too Strong To Ignore

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Sprouts Farmers Market rallies on strong Q2 results, raises FY24 guidance above street view Sprouts Farmers Market Non-GAAP EPS of $0.94 beats by $0.16, revenue of $1.89B beats by …

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Sprouts Farmers Market - Investor Home

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Net Sales $1.9 Billion. Diluted EPS $0.91. Same Store Sales Growth 8.4%. Repurchased 264 Thousand Shares of Common Stock $25 million. Healthy Cash Generation YTD $520 million. …

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FAQs about Sprouts Farmers Market rallies on strong Q2 results, raises FY24 ... Coupon?

How did Sprouts Farmers Market perform in Q2?

Sprouts Farmers Market reported its Q2 results yesterday, surpassing Wall Street expectations on multiple fronts. The company posted a Non-GAAP EPS of $0.94, which beat the consensus estimate by $0.16. Total revenue for the quarter reached $1.89 billion, marking an 11.8% increase year-over-year and surpassing forecasts by $60 million. ...

Is Sprout farmers market a good stock to buy in 2024?

With an increased 2024 outlook and the great financials, the market has taken the results incredibly well, with the stock up 18% in pre-market trading at the time of writing. I previously wrote an article on the 9 th of June on SFM, titled “ Sprout Farmers Market’s Stock Momentum Has Space Left ”. ...

How did Sprouts Farmers Market stock perform after its earnings release?

Operating margin popped to 6.7%, up from 5.9% a year ago. Add everything together, and earnings per share (EPS) grew by 32% year over year to $0.94. After such strong momentum, Sprouts Farmers Market stock shot up over 10% in the days following its earnings release. ...

How did sprouts perform in the second quarter?

"Sprouts saw outstanding second quarter results, thanks to exceptional teamwork and strategic focus,” said Jack Sinclair, chief executive officer of Sprouts Farmers Market. Playing on the secular trend of healthier living, Sprouts Farmers Market (NASDAQ:SFM) is a grocery store chain emphasizing natural and organic products. ...

How will sprouts perform in fy24?

The robust Q2 results have led Sprouts to raise its FY24 guidance, now expecting net sales growth between 9% to 10% and comparable store sales growth of 4% to 5%. Adjusted EBIT is targeted to be between $445 million to $455 million, with adjusted EPS forecasted at $3.29 to $3.37. ...

Is Sprouts Farmers Market a buy?

After its recent stock pop, shares trade at a price-to-earnings ratio (P/E) of 31.5, which is a five-year high. The stock is not dirt cheap anymore, but it has plenty of room to grow earnings over the next decade. If EPS keeps growing at 32% year over year, Sprouts Farmers Market is probably a buy at $100 a share. ...