AI brief of an SEC Form 8-K · Sprouts Farmers Market (SFM)

Sprouts Q3 net sales rise 14% to $1.9 billion; diluted EPS $0.91 vs. $0.64

Positive Impact 3 of 5 earnings Written later

Sprouts Farmers Market reported third-quarter 2024 results on October 30, 2024, with net sales of $1.9 billion, up 14% from a year earlier, comparable store sales growth of 8.4%, and diluted earnings per share of $0.91 versus $0.64 in the same period of 2023. The company also gave full-year 2024 adjusted diluted EPS guidance of $3.64 to $3.68 and fourth-quarter comparable store sales growth of 8.0% to 10.0%.

Key points

  • Net sales of $1.9 billion for the 13 weeks ended September 29, 2024, up 14%; comparable store sales up 8.4%
  • Diluted EPS of $0.91 vs. $0.64 in Q3 2023 (adjusted $0.65); no special items in Q3 2024
  • Full-year 2024 outlook: adjusted diluted EPS $3.64 to $3.68 and adjusted EBIT $490 million to $495 million
  • Repurchased 264 thousand shares for $25 million in Q3; ended the quarter with $310 million in cash and zero drawn on its $700 million revolver

The filing

CompanySprouts Farmers Market (SFM)
Form8-K, current report
Filed with the SECOct 30, 2024, 4:03 PM ET
Accession number0001575515-24-000170

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:00 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 30, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.