Sprouts Farmers Market, Inc. Reports Second Quarter 2020 Results and July Update
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Sprouts Farmers Market (SFM) Tops Q2 EPS by 23c, Revenues In-Line
July 29, 2020 4:06 PM EDTSprouts Farmers Market (NASDAQ: SFM) reported Q2 EPS of $0.59, $0.23 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.6 billion.
Second Quarter Highlights:
Net sales of $1.6 billion; a 16% increase from the same period in 2019Comparable store sales growth of 9.1% and two-year comparable store sales growth of 9.2%Net income of $67 million and adjusted net income(1) of... More