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Sprouts Farmers Market, Inc. - SFM STOCK NEWS

Welcome to our dedicated page for Sprouts Farmers Market news (Ticker: SFM), a resource for investors and traders seeking the latest updates and insights on Sprouts Farmers Market stock.

Sprouts Farmers Market, Inc. (SFM) offers a unique grocery shopping experience designed to make healthy living easy and affordable. With bright and cheerful neighborhood stores, Sprouts combines the charm of old-fashioned farmers markets with the convenience of modern shopping. Customers will find a vibrant array of fresh, natural, and organic foods, including mountains of colorful fruits and vegetables, barrels of wholesome grains, nuts, and sweets, as well as full-service deli, meat, and seafood counters featuring handmade burgers and sausages.

The company boasts approximately 407 stores across 23 states in the United States, making it one of the largest and fastest-growing specialty retailers in the nation. Sprouts' open layout seamlessly integrates fresh produce at the heart of each store, complemented by spacious, low-profile aisles. Shoppers can explore an extensive selection of fresh baked goods, ready-to-eat meals, gourmet cheeses, sensibly-priced vitamins and supplements, and thousands of natural, organic, and gluten-free groceries.

Sprouts inspires wellness naturally by offering a carefully curated assortment of better-for-you products. The company continues to innovate with new products featuring lifestyle-friendly ingredients such as organic, plant-based, and gluten-free options. The passionate and purpose-driven team at Sprouts is committed to providing exceptional customer service and fostering a welcoming atmosphere for all shoppers.

In recent news, Sprouts Farmers Market was highlighted for being a significant tenant in the Rillito Crossing Marketplace acquisition by Prairie Hill Holdings. This 96,424 sq ft shopping center in Tucson, AZ, was acquired for $27.5 million and is anchored by a Sprouts store. This acquisition is part of Prairie Hill's strategy to capitalize on favorable retail property fundamentals and expand its portfolio of high-quality, high-yielding commercial real estate assets.

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Sprouts Farmers Market (SFM) partners with Uber Eats to offer on-demand grocery delivery, starting in Florida and expanding nationwide. Over 400 stores will be added, providing access to 15,000 products, including fresh, natural, and organic items. Customers will receive 50% off their first orders of $50 or more from December 11, 2023, to January 31, 2024, using code: SPROUTS50.
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Sprouts Farmers Market is accepting pre-orders for fresh, fully prepared holiday meals through their partnership with Instacart's Foodstorm solution. The meals cater to various dietary lifestyles and will be available for pickup on specific dates. Additionally, seasonal items will be available in-store, and December pre-orders will resume on December 4.
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Sprouts Farmers Market, Inc. (Nasdaq: SFM) has announced the appointment of Curtis Valentine as chief financial officer, effective January 1, 2024. Valentine, currently Sprouts' senior vice president of finance, will succeed Lawrence Molloy. Valentine brings over 15 years of financial and retail experience to the role.
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Sprouts Farmers Market (Nasdaq: SFM) reported solid results for the 13-week third quarter ended October 1, 2023. Net sales increased by 7.6% to $1.7 billion compared to the same period in 2022. Comparable store sales grew by 3.9%. Diluted earnings per share were $0.64, while adjusted diluted earnings per share were $0.65, excluding certain special items.
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Sprouts Farmers Market changes scheduled time for Q3 2023 earnings conference call
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Sprouts Farmers Market opens new distribution center in Fullerton, CA to support store growth.
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Sprouts Farmers Market, Inc. will release Q3 2023 financial results on October 31, 2023, after market close. A conference call will be held at 5:00 p.m. EDT to discuss the results.
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Sprouts Farmers Market announces appointment of James Bahrenburg as chief technology officer
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Sprouts Farmers Market opens its 400th store in Haddon Township, NJ as part of its growth strategy aiming to expand 10% YoY.
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Sprouts Farmers Market announces participation in Goldman Sachs conference
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FAQ

What is the current stock price of Sprouts Farmers Market (SFM)?

The current stock price of Sprouts Farmers Market (SFM) is $147.13 as of November 22, 2024.

What is the market cap of Sprouts Farmers Market (SFM)?

The market cap of Sprouts Farmers Market (SFM) is approximately 14.6B.

What products does Sprouts Farmers Market offer?

Sprouts offers fresh, natural, and organic foods including fruits, vegetables, grains, nuts, deli, meat, seafood, baked goods, cheeses, vitamins, supplements, and more.

How many Sprouts stores are there?

Sprouts Farmers Market operates approximately 407 stores across 23 states in the United States.

What is unique about Sprouts Farmers Market?

Sprouts provides a farmers market-style shopping experience with a focus on fresh, natural, and organic products, all at affordable prices.

What are Sprouts Farmers Market's core values?

Sprouts emphasizes healthy living, affordability, and community engagement, providing quality products and outstanding customer service.

Who acquired the Rillito Crossing Marketplace where Sprouts is a key tenant?

Prairie Hill Holdings acquired the Rillito Crossing Marketplace, which is anchored by a Sprouts store, for $27.5 million.

What new developments are planned for Rillito Crossing Marketplace?

Prairie Hill Holdings plans to develop additional parcels within the marketplace, including options for a quick serve restaurant drive-through.

How does Sprouts support healthy living?

Sprouts supports healthy living by offering a wide variety of organic, plant-based, and gluten-free products, as well as vitamins and supplements.

What kind of shopping experience does Sprouts provide?

Sprouts offers a pleasant, farmers market-style shopping experience with low-profile aisles and a central focus on fresh produce.

Where can I find the latest news about Sprouts Farmers Market?

You can find the latest news and updates about Sprouts Farmers Market on financial news websites like StockTitan.

Is working at Sprouts Farmers Market enjoyable?

Yes, working at Sprouts is described as a lot of fun, especially for those passionate about people and food.

Sprouts Farmers Market, Inc.

Nasdaq:SFM

SFM Rankings

SFM Stock Data

14.60B
99.53M
0.44%
106.32%
7.25%
Grocery Stores
Retail-grocery Stores
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United States of America
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