Sprouts Farmers Market (SFM) Tops Q4 EPS by 2c; Issues Confident FY16 Outlook
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Sprouts Farmers (SFM): Solid Upside, Rosy Outlook But No Upgrade - Piper Jaffray
February 26, 2016 8:59 AM ESTPiper Jaffray analyst, Sean Naughton, isn't chasing shares of Sprouts Farmers Market (NASDAQ: SFM). Despite strong results and a positive outlook, the valuation is keeping him on the sidelines. No change to Neutral rating but the PT rises to $30 on a stable earnings multiple.
Q4 was an impressive quarter for Sprouts with comps up 7.4% compared... More
RBC Capital Reiterates Outperform Following Sprouts Farmers Market's (SFM) Strong 4Q
February 26, 2016 7:48 AM ESTRBC Capital reiterated an Outperform rating and $33.00 price target on Sprouts Farmers Market (NASDAQ: SFM) following the company's 4Q earnings report. Sprouts delivered a strong comparable store sales beat (7.4% vs consensus of 5.7%), besting even the highest estimate on the Street. RBC believes... More
Sprouts Farmers Market (SFM) Appoints New CFO; Board Changes Announced
February 25, 2016 8:41 AM ESTSprouts Farmers Market, Inc. (Nasdaq: SFM) announced that Brad Lukow will join the company as chief financial officer, effective March 4, 2016. Lukow comes to Sprouts with 25 years of financial executive experience in the consumer retail sector, including six years as chief financial officer at Shoppers Drug Mart, Canadas leading drug store retailer with over 1,300 locations. In that position, in addition to finance, treasury and investor relations, he also oversaw the strategy and acquisitions, real estate development and... More
