Sprouts Farmers Market, Inc. · NASDAQ:SFM
Sprouts Farmers Market — Q4 2025 Earnings Presentation
14 slides from Sprouts Farmers Market's earnings presentation, Feb 19, 2026
Slide 1: Sprouts Farmers Market Q4 & Full-Year 2025 Earnings Deck
Exhibit 99.2 Sprouts Farmers Market Q4 & Full-Year 2025 Earnings Deck February 19, 2026
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
Slide 3: Customers are Trending
Customers are TRENDING © FIND i HER Bie iL 0U8 rpeday r at Peres. ae Innovation € (a es me wey Differentiation
Slide 4: Fourth Quarter 2025 Highlights
Fourth Quarter 2025 Highlights Net Sales +8% Comps(1) +1.6% New Store Openings 13 Diluted EPS $0.92 EPS Growth(2) +17% Cash Generation $139M Share Repurchases(3) $130M 1. Comparable Store Sales 2. Reflects comparison of Q4 25 diluted EPS to Q4 24 diluted EPS 3. Excluding excise tax 4
Slide 5: Full-Year 2025 Highlights
Full-Year 2025 Highlights Net Sales +14% Comps(1) +7.3% New Store Openings 37 Diluted EPS $5.31 EPS Growth(2) +42% Cash Generation $716M Share Repurchases(3) $472M 1. Comparable Store Sales 2. Reflects comparison of FY 25 diluted EPS to FY 24 diluted EPS 3. Excluding excise tax 5
Slide 6: We Made Steady Progress on our Strategy in 2025
Opened 37 new Loyalty program We Made Steady Progress on stores rolled out our Strategy in 2025 Successfully Healthy balance transitioned meat sheet & robust Strong Margin Strong New Store & seafood self- cash flow provide Expansion Performance distribution at 4 flexibility to invest DCs in the busi
Slide 7: Stronger Foundation: Strategic Initiatives Taking Hold
Stronger Foundation: Strategic Initiatives Talking Hold NET SALES GROSS MARGIN EBIT & EBIT ROIC(1) ($ in mm) MARGIN(1) ($ in mm) b ps 3% 90 G R1 ps 24 % +5 CA +2 10 b R G $686 18.3% $8,806 CA $6,404 36.7% 38.8% 12.4% 7.8% $358 5.6% 2022 2025 2022 2025 2022 2025 2022 2025 (1) See the Appendix to this
Slide 8: Growing Adjusted Diluted Earnings per Share
Growing Adjusted Diluted Earnings per Share $5.31 % 31 GR CA $2.39 2022 2025 8
Slide 9: Strong Balance Sheet, Robust Cash Flows
Strong Balance Sheet, Robust Cash Flows Self Fund our Growth and Deliver Shareholder Value Through Ongoing Share Repurchase ($ in mm) $716 $645 $465 $472 $371 $203 $238 $200 $213 $200 $224 $112 2022 2023 2024 2025 (1) (2) Cap Ex Share Repurchase Operating Cash Flow 1. Capital expenditures are net of
Slide 10: Full-Year 2026 Outlook
Total sales growth of 4.5% to 6.5% Full-Year Comp sales growth of -1% to 1% 2026 Outlook (on a 52 week basis) Expect to open 40+ new stores Earnings before interest & taxes (EBIT) $675 million to $695 million Diluted earnings per share (EPS) $5.28 to $5.44 Capex (net of landlord reimbursement) $280
Slide 11: Appendix
Appendix O
Slide 12: Appendix: Reconciliation of EBIT to Net Income
Appendix The following table shows a reconciliation of EBIT to net income for the fiscal years ended December 28, 2025 and January 1, 2023 SPROUTS FARMERS MARKET, INC. AND SUBSIDIARIES NON-GAAP MEASURE RECONCILIATION (UNAUDITED) (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) Fifty-Two Weeks ended Fifty-Tw
Slide 13: Appendix: Reconciliation of ROIC to Net Income
Appendix The following table shows a reconciliation of ROIC to net income for the Company's 2025 and 2022 fiscal years 13
Slide 14: Thank You!
Sprouts Farmers Market — Q4 2025 Earnings Presentation on 6ix