Sprouts Farmers Market Shares Surge 13% Following Q4 Report
<p><a href='https://financialmodelingprep.com/financial-summary/SFM'>Sprouts Farmers Market, Inc. (NASDAQ:SFM)</a> shares jumped nearly 13% on Thursday after the company reported its Q4 results, with net sales of $1.6 billion, growing 6% year-over-year. Comparable store sales increased 2.9% year-over-year. </p>
<p>The gross profit margin was well managed despite inflationary pressures, which together resulted in an EPS beat. Diluted EPS came in at $0.42.</p>
<p>For Q1/23, the company expects comparable store sales growth in the range of 1.5%-2.5% and adjusted diluted EPS in the range of $0.83-$0.87. For the full year, net sales growth is seen at 4%-6%, and comparable store sales growth is expected in the low-single-digits rate. Adjusted EBIT is expected to be in the range of $355-$370 million and adjusted diluted EPS in the range of $2.41-$2.53.</p>

NASDAQ:SFM