Sprouts Farmers Market Inc

Latest Results (12.11.2025):

Sprouts Farmers Market Inc reported robust financial results for its fourth quarter and full-year 2024. The company delivered strong performance with significant increases in net sales, comparable store sales, and earnings per share, along with strategic store expansions and solid liquidity, setting a promising stage for 2025.

Fourth Quarter 2024 Performance

In Q4 2024, Sprouts achieved net sales of approximately $2.0 billion—a notable 18% increase compared to Q4 2023. The quarter also saw comparable store sales growth of 11.5%, and diluted earnings per share rose to $0.79 from $0.49, accompanied by the opening of 12 new stores.

Full-Year 2024 Achievements

For the full year ended December 29, 2024, net sales reached $7.7 billion, marking a 13% increase from the previous year, while comparable store sales grew by 7.6%. Diluted earnings per share improved to $3.75 from $2.50, and 33 new stores were opened, bringing the total to 440 stores in 24 states.

Liquidity and Shareholder Returns

Sprouts ended Q4 2024 with $265 million in cash and cash equivalents, repaid part of its revolving credit facility, and initiated a new $600 million share buyback program, repurchasing 2.7 million shares for $238 million. Additionally, the company generated $645 million in cash from operations and invested $200 million in capital expenditures.

2025 Outlook

Looking ahead, Sprouts projects Q1 2025 comparable store sales growth between 10% and 11% with adjusted diluted earnings per share of $1.51 to $1.55. For full-year 2025, the company anticipates net sales growth of 10.5% to 12.5%, comparable store sales growth of 4.5% to 6.5%, adjusted EBIT between $590 million and $610 million, adjusted diluted earnings per share of $4.52 to $4.68, and the opening of at least 35 new stores.