Sprouts Farmers (SFM): Solid Upside, Rosy Outlook But No Upgrade - Piper Jaffray
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Sprouts Farmers Market, Inc. Reports Fourth Quarter and Full Year 2015 Results
February 25, 2016 8:31 AM ESTPHOENIX, Feb. 25, 2016 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 14-week fourth quarter and 53-week year ended January 3, 2016. Period-over-period increases stated herein reflect the comparison of 14 and 53 weeks in fourth quarter and fiscal year 2015 to 13 and 52 weeks in fourth quarter and fiscal year 2014, respectively, unless otherwise noted.
Fourth Quarter Highlights:
Net sales of $930.3 million; a 27% increase from the same period in 2014Comparable store sales growth of 7.4% and two-year comparable store sales growth of 15.9%, both on a 13-week basisNet... More