Sprouts Farmers Market: Strong Q2 Raises Expectations Notably

Jul 30, 2024 · The adjusted EPS is also expected to be higher at $3.29-3.37 compared to a previous mid-point of $3.09. For the third quarter, SFM expects comparable sales to grow by …

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Sprouts Farmers Market: Strong Q2 Raises Expectations Notably

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Jul 30, 2024 · The adjusted EPS is also expected to be higher at $3.29-3.37 compared to a previous mid-point of $3.09. For the third quarter, SFM expects comparable sales to grow by …

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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 Farmers Market Rallies On Strong Q2 Results, Raises FY24 ...

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Jul 29, 2024 · Sprouts Farmers Market (NASDAQ:SFM) shares were launched more than 13% higher in after-hours trading as the company beat Q2 expectations and raised its FY24 …

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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, Inc. (SFM) - Stock Analysis

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Nov 5, 2024 · Sprouts Farmers Market: Strong Q2 Raises Expectations Notably. SFM reported incredibly strong Q2 financials with 11.9% revenue growth, beating both revenue and EPS …

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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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Strong Q2 Performance And Positive Growth Outlook Justify Buy …

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Jul 30, 2024 · Strong Q2 Performance and Positive Growth Outlook Justify Buy Rating for Sprouts Farmers Market ... of $0.94 exceeded Wall Street’s expectations of $0.78, while comparable …

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Why Sprouts Farmers Market Stock Rocketed Higher This Week

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Aug 1, 2024 · The grocery chain posted strong growth for the second quarter of 2024. Shares of Sprouts Farmers Market (SFM 3.26%) shot up as much as 18.7% this week, according to data …

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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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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 …

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Sprouts Farmers Markets Gains After Evercore ISI Turns Bullish - MSN

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Comparable sales for the quarter were up 6.7%, well above the company's expectation for a gain of 3% to 4%. Shares of Sprouts Farmers (SFM) gained 1.76% in premarket trading on Monday …

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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: Strong Q2 Raises Expectations Notably Coupon?

How did Sprouts Farmers Market perform in Q2?

SFM reported incredibly strong Q2 financials with 11.9% revenue growth, beating both revenue and EPS estimates with the strong comparable store growth of 6.7%. The 2024 guidance range was raised with ... Sprouts Farmers Market jumps 15% on Q2 results and upgrades: Should you buy? ...

What did sprouts expect from Q2 earnings?

A significant highlight from the earnings report was the comparable store sales growth of 6.7%, well above the company’s earlier projections of 3% to 4%. 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%. ...

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 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. ...

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 ”. ...

Should you buy Sprouts Farmers (SFM)?

Analyst Robert Ohmes of Bank of America Securities reiterated a Buy rating on Sprouts Farmers ( SFM – Research Report ), boosting the price target to $100.00. Robert Ohmes has given his Buy rating due to a combination of factors including Sprouts Farmers Market’s strong second-quarter earnings performance and robust comparable store sales growth. ...