Business
Sprouts Farmers Market, Inc. Reports Second Quarter 2025 Results
PHOENIX--(BUSINESS WIRE)-- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week second quarter ended June 29, 2025. "We are
About this update from Sprouts Farmers Market, Inc.
[{"type":"text","content":" PHOENIX--(BUSINESS WIRE)--\nSprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week second quarter ended June 29, 2025.\n\n\n\"We are pleased with our excellent results for the second quarter,\" said Jack Sinclair, chief executive officer of Sprouts Farmers Market. \"Our dedicated team members have consistently focused on understanding and meeting the needs of our target customers. Our investments in operations, self-distribution, customer personalization, and team member development all set the stage for exciting future growth.”\n\n\nSecond Quarter Highlights:\n\n\n\nNet sales totaled $2.2 billion; a 17% increase from the same period in 2024\n\n\n\nComparable store sales growth of 10.2%\n\n\n\nDiluted earnings per share of $1.35; compared to diluted earnings per share of $0.94 in the same period in 2024\n\n\n\nOpened 12 new stores, resulting in 455 stores in 24 states as of June 29, 2025\n\n\n\nLeverage and Liquidity in Second Quarter 2025\n\n\n\nEnded the quarter with $261 million in cash and cash equivalents and zero balance on its $700 million revolving credit facility\n\n\n\nRepurchased 0.5 million shares of common stock for a total investment of $73 million, excluding excise tax\n\n\n\nGenerated cash from operations of $410 million and invested $138 million in capital expenditures, net of landlord reimbursement, year-to-date thru June 29, 2025\n\n\n\nThird Quarter and Full-Year 2025 Outlook\n\n\nThe following provides information on our third quarter 2025 outlook:\n\n\n\nComparable store sales growth: 6.0% to 8.0%\n\n\n\nDiluted earnings per share: $1.12 to $1.16\n\n\n\nThe following provides information on our full-year 2025 outlook:\n\n\n\nNet sales growth: 14.5% to 16.0%\n\n\n\nComparable store sales growth: 7.5% to 9.0%\n\n\n\nEBIT: $675 million to $690 million\n\n\n\nDiluted earnings per share: $5.20 to $5.32\n\n\n\nUnit growth: At least 35 new stores\n\n\n\nCapital expenditures (net of landlord reimbursements): $230 million to $250 million\n\n\n\nSecond Quarter 2025 Conference Call\n\n\nSprouts will hold a conference call at 5:00 p.m. Eastern Time on Wednesday, July 30, 2025, during which Sprouts executives will further discuss second quarter 2025 financial results.\n\n\nA webcast of the conference call will be available through Sprouts’ investor relations webpage, accessible via the follow...