Oct 28, 4:04 PM ET
Sprouts Farmers Market reported third-quarter 2026 net sales of $2.3 billion, up 5% from a year earlier, while comparable store sales fell 0.9% and diluted earnings per share were $1.21 versus $1.22. The company guided to fourth-quarter comparable store sales declines of 2.0% to 4.0% and diluted EPS of $0.47 to $0.51, which places more weight on sales growth from new stores than on same-store performance.
- Net sales of $2.3 billion, up 5% from the third quarter of 2025; comparable store sales of (0.9)%
- Diluted EPS of $1.21 versus $1.22 a year earlier; net income of $113.4 million versus $120.1 million
- Fourth-quarter 2026 outlook: comparable store sales of (2.0)% to (4.0)% and diluted EPS of $0.47 to $0.51
- Repurchased 1.1 million shares for $89 million in the quarter, excluding excise tax
Read the filing on SEC.gov ↗
Oct 14, 4:03 PM ET
Sprouts Farmers Market said its Chief Technology Officer, James Bahrenburg, stepped down on October 12, 2026, and that the departure was not due to any disagreement with the company. He will serve as an advisor through March 31, 2027 to support an orderly transition, and remains eligible for severance under the company's executive severance plan.
- James Bahrenburg stepped down as Chief Technology Officer on October 12, 2026
- Departure was not the result of any disagreement with the company on operations, policies or practices
- Bahrenburg will advise the company through March 31, 2027, keeping existing equity awards vesting and remaining eligible for cash bonus plan amounts
- He is also eligible for severance under the Amended and Restated Executive Severance and Change in Control Plan
Read the filing on SEC.gov ↗
Sep 1, 4:03 PM ET
Sprouts Farmers Market said its board appointed President and Chief Operating Officer Nick Konat as chief executive and a director, effective January 4, 2027, the first day of its 2027 fiscal year. Jack Sinclair, CEO since June 2019, will become executive chairman at that time. The filing does not include financial results or guidance tied to the change.
- Nick Konat, age 49, has been president and chief operating officer since March 2022 and previously held roles at Petco and Target.
- Konat's annual base salary will rise to $1,000,000 on January 4, 2027, with a target bonus of 125% of salary and long-term equity incentive opportunity of 600% of salary.
- Jack Sinclair becomes executive chairman with a $900,000 base salary, a 100% target bonus and a 333% long-term equity incentive opportunity.
- The board will expand to nine members, and Chairman Joseph Fortunato will serve as lead independent director from the same date.
Read the filing on SEC.gov ↗
Jul 29, 4:03 PM ET
Sprouts Farmers Market reported second-quarter 2026 results for the 13 weeks ended June 28, 2026, with net sales of $2.3 billion, up 5%, but comparable store sales fell 1.0%. Diluted EPS rose to $1.37 from $1.35, while net income fell to $129.2 million from $133.7 million, and the company issued third-quarter and full-year 2026 outlooks.
- Net sales $2.33 billion vs. $2.22 billion a year earlier; comparable store sales (1.0)%
- Diluted EPS $1.37 vs. $1.35; net income $129.2 million vs. $133.7 million; EBIT $174.2 million vs. $179.4 million
- Q3 2026 outlook: comparable store sales (0.5)% to 1.5%, diluted EPS $1.20 to $1.24
- Full-year 2026 outlook: EBIT $675 million to $685 million, diluted EPS $5.32 to $5.40; 2026 includes a 53rd week
Read the filing on SEC.gov ↗
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