Sprouts Farmers Market Stock Earnings Reports

Sprouts delivered a solid Q3 2025 with total sales of $2.2 billion (up 13% YoY), a 5.9% comparable store sales increase, and diluted EPS of $1.22 (up 34% YoY). Traffic contributed meaningfully (~40% of the comp) and e-commerce grew 21% (≈15.5% of sales). Sprouts brand penetration exceeded 25% of sales and organic/specialty attributes remain key growth drivers. Gross margin expanded 60 bps to 38.7% driven largely by improved shrink; SG&A showed modest operating leverage. The company opened 9 stores in the quarter (464 total), raised its 2025 store target to 37, and expects to accelerate unit growth toward a ~10% annual trajectory by 2027. Self-distribution for fresh meat and seafood is underway (4 DCs transitioned; full transition expected by Q2 2026) to improve in-stock and margins. SPRT generated strong operating cash flow YTD ($577M), invested ~$194M in capex YTD, and repurchased 2.4M shares ($342M), with $966M remaining on a $1B buyback authorization. Sprouts set full-year 2025 guidance to ~14% total sales growth, ~7% comp, EBIT of $675–680M, EPS $5.24–5.28, and expects Q4 comps of 0%–2% with EPS $0.86–0.90. Management cautioned that Q3 top-line moderated versus expectations due to difficult year-ago comps and signs of a softening consumer, particularly in certain middle-income and younger trade areas. They plan to continue investing in stores, innovation, loyalty/personalization (Sprouts Rewards fully launched), private label expansion, and supply chain enhancements while using operational levers to manage margins and shareholder returns opportunistically.