Sprouts Farmers: Fourth Quarter Earnings Overview

Sprouts Farmers Market Reports Fourth-Quarter Financial Results

Sprouts Farmers Market Inc., headquartered in Phoenix, announced its earnings for the fourth quarter, revealing a net profit of $89.8 million.

The company’s earnings translated to 92 cents per share, surpassing the consensus estimate of 89 cents per share from six analysts polled by Zacks Investment Research.

During the quarter, Sprouts generated $2.15 billion in revenue, which was slightly below the $2.16 billion anticipated by five Zacks analysts.

Annual Performance Overview

For the full year, Sprouts Farmers Market reported a total profit of $523.7 million, or $5.31 per share, with annual revenue reaching $8.81 billion.

Outlook for the Upcoming Period

Looking ahead to the current quarter ending in March, the company projects earnings per share to fall between $1.66 and $1.70.

For the entire year, Sprouts expects its earnings per share to range from $5.28 to $5.44.