Sprouts Farmers Market, Inc. · NASDAQ:SFM

Sprouts Farmers Market — Q1 2026 Earnings Presentation

13 slides from Sprouts Farmers Market's earnings presentation, Apr 29, 2026

  1. Slide 1: Sprouts Farmers Market Q1 2026 Earnings

    Sprouts Farmers Market Q1 2026 Earnings April 29, 2026 Exhibit 99.2

  2. Slide 2: Forward-Looking Statements

    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

  3. Slide 3: Sprouts' customers are drawn to our innovation

    Sprouts’ Cre — FIRS customers are me TaewpiINGe. | FIND IT HER Drawn to our Innovation €

  4. Slide 4: First Quarter 2026 Highlights

    First Quarter 2026 Highlights Net Sales +4% Comps(1) (1.7)% New Store Openings 6 Diluted EPS $1.71 EPS(2) (6)% Cash Generation $235M Share Repurchases(3) $140M 1. Comparable Store Sales 2. Reflects comparison of Q1 26 diluted EPS to Q1 25 diluted EPS 3. Excluding excise tax 4

  5. Slide 5: Q1 operating highlights and initiatives

    Launched More Than 1500 Unique Items Self-Distribution of Meat is Nearly Complete Opened 6 new Stores in Q1 Healthy Balance Sheet & Robust Cash Flow Provide Flexibility to Invest in the Business Strong New Store Performance Initiatives Remain on Track in 2026 Fast Adoption of the Loyalty Program

  6. Slide 6: Solid Financials

    Solid Financials 6 $1,733 $1,884 $2,236 $2,329 Q1 23 Q1 24 Q1 25 Q1 26 37.5% 38.3% 39.6% 39.4% Q1 23 Q1 24 Q1 25 Q1 26 NET SALES ($ in mm) GROSS MARGIN (1) Q1 23 EBIT and EBIT margin are presented on an adjusted basis. See the Appendix to this presentation for a reconciliation of EBIT and EBIT margi

  7. Slide 7: Solid Financials: Diluted EPS and ROIC

    Solid Financials 7 Diluted Earnings Per Share(1) ROIC(2) 12.7% 13.1% 16.8% 17.4% Q1 23 Q1 24 Q1 25 Q1 26 $0.98 $1.12 $1.81 $1.71 Q1 23 Q1 24 Q1 25 Q1 26 (1) Q1 23 diluted earnings per share is presented on an adjusted basis. See the Appendix to this presentation for a reconciliation of diluted earni

  8. Slide 8: Strong Balance Sheet, Robust Cash Flows

    Strong Balance Sheet, Robust Cash Flows ($ in mm) 1. Capital expenditures are net of landlord reimbursement 2. Excluding excise tax Self Fund our Growth and Deliver Shareholder Value Through Ongoing Share Repurchase $45 $46 $49 $98 $98 $60 $219 $140 $180 $220 $299 $235 Cap Ex Share Repurchase Operat

  9. Slide 9: Full-Year 2026 Outlook

    Expect to open 40+ new stores Capex (net of landlord reimbursement) $280 million to $310 million Second Quarter 2026: Comp sales of (2)% to 0% and diluted EPS $1.32 to $1.36 Net sales growth of 4.5% to 6.5% Comp sales of (1)% to 1% Earnings before interest & taxes (EBIT) $675 million to $695 million

  10. Slide 10: Appendix

    Appendix O

  11. Slide 11: Non-GAAP Measure Reconciliation

    Appendix SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES NON-GAAP MEASURE RECONCILIATION (UNAUDITED) (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) The following table shows a reconciliation of EBIT and adjusted EBIT to net income, adjusted EBIT margin to EBIT margin, as well as a reconciliation of adjusted

  12. Slide 12: Reconciliation of ROIC to net income

    Appendix The following table shows a reconciliation of ROIC to net income for the Company's first quarter of 2026. 2025, 2024 and 2023. 12

  13. Slide 13: Thank You!

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