Business
Sprouts Farmers Market, Inc. Reports Third Quarter 2025 Results
PHOENIX--(BUSINESS WIRE)-- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week third quarter ended September 28, 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 third quarter ended September 28, 2025.\n\n\n\"We are opening stores nationwide, and our strategy continues to resonate with our target customers, resulting in strong third quarter performance,\" said Jack Sinclair, chief executive officer of Sprouts Farmers Market. \"Our passionate team members, financial foundation, and disciplined execution will position us to deliver sustainable earnings growth, as we navigate strong year-over-year comparisons.\"\n\n\nThird Quarter Highlights:\n\n\n\nNet sales totaled $2.2 billion; a 13% increase from the same period in 2024\n\n\n\nComparable store sales growth of 5.9%\n\n\n\nDiluted earnings per share of $1.22; compared to diluted earnings per share of $0.91 in the same period in 2024\n\n\n\nOpened 9 new stores, resulting in 464 stores in 24 states as of September 28, 2025\n\n\n\nLeverage and Liquidity in Third Quarter 2025\n\n\n\nEntered into a new $600 million credit facility with terms and conditions substantially similar to our previous agreement\n\n\n\nEnded the quarter with $322 million in cash and cash equivalents and zero balance on our $600 million revolving credit facility\n\n\n\nAuthorized a new $1 billion share repurchase program and repurchased 0.4 million shares of common stock for a total investment of $50 million, excluding excise tax\n\n\n\nGenerated cash from operations of $577 million and invested $194 million in capital expenditures, net of landlord reimbursement, year-to-date thru September 28, 2025\n\n\n\nFourth Quarter and Full-Year 2025 Outlook\n\n\nThe following provides information on our fourth quarter 2025 outlook:\n\n\n\nComparable store sales growth: 0.0% to 2.0%\n\n\n\nDiluted earnings per share: $0.86 to $0.90\n\n\n\nThe following provides information on our full-year 2025 outlook:\n\n\n\nNet sales growth: approximately 14%\n\n\n\nComparable store sales growth: approximately 7%\n\n\n\nEBIT: $675 million to $680 million\n\n\n\nDiluted earnings per share: $5.24 to $5.28\n\n\n\nUnit growth: 37 new stores\n\n\n\nCapital expenditures (net of landlord reimbursements): $230 million to $250 million\n\n\n\nThird Quarter 2025 Conference Call\n\n\nSprouts will hold a conference call at 5:00 p.m. Eastern Time on Wednesday, October 29, 2025, during which Sprouts ...