Sprouts Farmers Market, Inc. · NASDAQ:SFM
Sprouts Farmers Market — Q3 2025 Earnings Presentation
12 slides from Sprouts Farmers Market's earnings presentation, Oct 29, 2025
Slide 1: Sprouts Farmers Market Q3 2025 Earnings Deck
Sprouts Farmers Market Q3 2025 Earnings Deck October 29, 2025
Slide 2: Forward-Looking Statements and Non-GAAP Financial Measures
Forward-Looking Statements Certain statements in this presentation are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Any statements contained herein that are not statements of historical fact (including, but not limited to, statements to the effect that Sprouts
Slide 3: Customers are Trending: Innovation and Differentiation
Customers are TRENDING © FIND i HER Bie iL 0U8 rpeday r at Peres. ae Innovation € (a es me wey Differentiation
Slide 4: Third Quarter 2025 Highlights
Third Quarter 2025 Highlights Net Sales +13% Comps(1) +5.9% New Store Openings 9 Diluted EPS $1.22 EPS Growth(2) +34% Cash Generation $167M Share Repurchases(3) $50M 1. Comparable Store Sales 2. Reflects comparison of Q3 25 diluted EPS to Q3 24 diluted EPS 3. Excluding excise tax 4
Slide 5: YTD 2025 Highlights
YTD 2025 Highlights Net Sales +16% New Store Openings 24 Cash Generation YTD $577M Share Repurchases(1) $342M 1. Excluding excise tax 5
Slide 6: We Made Steady Progress on our Strategy During the Third Quarter
We Made Steady Progress on our Strategy During the Third Quarter Successfully transitioned meat & seafood self- distribution at2 DCs Marginsiremain healthy Opened9 new stores; on track to open 37 forthe year Loyalty program rolled out to half of ourstores in $Q Fully rolled out by 11/1/25 Strong New
Slide 7: Structurally Improved Margin Profile
Structurally Improved Margin Profile GROSS MARGIN % (1) EBIT & EBIT MARGIN % (2) ($ in mm) 38.1% 38.7% 36.7% 36.6% 7.2% 6.3% 5.7% 5.3% $157 $122 $90 $90 Q3 22 Q3 23 Q3 24 Q3 25 Q3 22 Q3 23 Q3 24 Q3 25 (1) Q3 23 gross margin is on an adjusted basis. See the Appendix to this presentation for a reconci
Slide 8: Strong Balance Sheet, Robust Cash Flows
Strong Balance Sheet, Robust Cash Flows Self Fund our Growth and Deliver Shareholder Value Through Ongoing Share Repurchase ($ in mm) $577 $520 $409 $307 $342 $180 $130 $155 $157 $194 $132 $71 YTD Q3 22 YTD Q3 23 YTD Q3 24 YTD Q3 25 (1) (2) Cap Ex Share Repurchase Operating Cash Flow 1. Capital expe
Slide 9: Full-Year 2025 Outlook
Full-Year Total sales growth of approximately 14% 2025 Outlook Comp sales growth of approximately 7.0% Expect to open 37 new stores Earnings before interest & taxes (EBIT) $675 million to $680 million Diluted earnings per share (EPS) $5.24 to $5.28 Capex (net of landlord reimbursement) $230 million
Slide 10: Appendix
Appendix O
Slide 11: Appendix: Non-GAAP Measure Reconciliation
Appendix The following table shows a reconciliation of adjusted gross margin to gross margin, EBIT and adjusted EBIT to net income, adjusted EBIT margin to EBIT margin, as well as a reconciliation of adjusted net income and adjusted diluted earnings per share to net income and diluted earnings per s
Slide 12: Thank You!
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