Sprout Farmers Market Investor Relations Comprehensive Report on Growth and Value

Sprout Farmers Market has experienced significant growth, with sales increasing by 25% in the past year alone.

This impressive growth can be attributed to the company's strategic expansion into new markets, including the recent acquisition of a major competitor.

With a strong focus on customer satisfaction, Sprout Farmers Market has seen a 15% increase in customer loyalty, resulting in repeat business and positive word-of-mouth.

The company's commitment to quality and sustainability has also resonated with environmentally conscious consumers, contributing to its growing market share.

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Sprouts Farmers Market is an everyday healthy grocery store with a unique model that features fresh produce, foods section, and a vitamin department focused on overall wellness.

The company operates about 428 stores in 23 states as of September 29, 2024, with a focus on natural and organic food, one of the fastest-growing segments in the industry.

Sprouts classifies products into perishable and non-perishable categories, with perishable products making up 57.3% of 2023 sales mix, including produce, meat, seafood, deli, bakery, floral, and dairy and dairy alternatives.

The company's main supplier of dry grocery and frozen food products is KeHE Distributors, accounting for approximately 47% of total purchases in fiscal 2023.

Sprouts stores are generally located in mid-sized and larger shopping centers, lifestyle centers, and in certain cases, independent single-unit, stand-alone developments.

The company has been diversifying its offerings to meet changing preferences of consumers, who are looking for more health and wellness products, such as plant-based, gluten-free, keto-friendly, and grass-fed products.

As of fiscal 2023, 3% of total purchases were made through secondary supplier United Natural Foods Inc., and primary supplier of meat and seafood accounted for approximately 14% of total purchases.

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Sprouts Farmers Market Inc reported a revenue of $7.4B USD in the earnings waterfall. This is a significant figure, indicating the company's strong sales performance.

The cost of revenue for the company was $4.6B USD, which is a substantial amount that eats into the revenue. However, the gross profit of $2.8B USD shows that the company is able to maintain a healthy margin.

Here's a breakdown of the company's earnings waterfall:

The company's profitability score is 57/100, indicating that while it has some areas for improvement, it is still a relatively profitable business.

Balance Sheet Decomposition is a crucial tool for understanding a company's financial health. It breaks down a company's assets, liabilities, and equity into different categories, giving us a clearer picture of its financial performance.

Sprouts Farmers Market Inc's current assets total $693.6 million, with $309.7 million in cash and short-term investments. This is a significant amount, indicating the company has a substantial amount of liquid assets.

Cash and short-term investments are a key component of a company's current assets. Sprouts Farmers Market Inc has $309.7 million in this category, which is a substantial portion of its total current assets.

Other current assets, such as receivables and other current assets, also play an important role in a company's financial health. Sprouts Farmers Market Inc has $358.9 million in other current assets, which is a significant amount.

Here's a breakdown of Sprouts Farmers Market Inc's current assets:

Non-current assets, on the other hand, are assets that are not expected to be converted into cash within a year. Sprouts Farmers Market Inc has $2.9 billion in non-current assets, which is a significant amount.

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PP&E, or property, plant, and equipment, is a key component of a company's non-current assets. Sprouts Farmers Market Inc has $2.3 billion in PP&E, which is a substantial portion of its total non-current assets.

Intangibles, such as patents and trademarks, are also a type of non-current asset. Sprouts Farmers Market Inc has $589.8 million in intangibles, which is a significant amount.

Current liabilities are debts or obligations that are due within a year. Sprouts Farmers Market Inc has $616 million in current liabilities, which is a significant amount.

Accounts payable and accrued liabilities are two types of current liabilities. Sprouts Farmers Market Inc has $198.2 million in accounts payable and $415.2 million in accrued liabilities.

Here's a breakdown of Sprouts Farmers Market Inc's current liabilities:

Non-current liabilities are debts or obligations that are due after a year. Sprouts Farmers Market Inc has $1.6 billion in non-current liabilities, which is a significant amount.

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Let's break down the earnings waterfall of Sprouts Farmers Market Inc. Revenue for the company was a whopping $7.4 billion USD.

The cost of revenue was $4.6 billion USD, which is a significant chunk of the total revenue. Gross profit, on the other hand, was $2.8 billion USD, indicating that the company managed to keep a substantial portion of its revenue.

Operating expenses were $2.3 billion USD, which is more than half of the gross profit. Operating income, after deducting operating expenses, was a respectable $481.8 million USD. Other expenses, however, were a slight setback at $130.8 million USD.

Here's a summary of the earnings waterfall:

The net income of $351 million USD is the final result of the earnings waterfall, and it's a testament to the company's ability to manage its expenses and maintain profitability.

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SFM's solvency score is a key indicator of the company's financial health. It's a score of 87/100, which is a relatively high rating.

This means that Sprouts Farmers Market Inc has a solid foundation for paying its debts and meeting its financial obligations.

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Let's take a closer look at the price targets for Sprouts Farmers Market Inc. The average 1-year price target is a significant 137.89 USD.

Wall Street analysts have a wide range of predictions, with some expecting a low of 106.05 USD and others a high of 173.25 USD. This shows that there's a significant variation in opinions about the company's future performance.

Dividends are a crucial aspect of a company's financial performance. They represent the money a company returns to its shareholders.

Shareholder yield, for example, is a measure of the total return a company provides to its shareholders, calculated as the sum of dividend yield, buyback yield, and debt paydown yield.

Dividend yield, a component of shareholder yield, is a specific metric that shows the ratio of a company's annual dividend payment to its current stock price.

A higher dividend yield typically indicates that a company is returning more value to its shareholders through dividends.

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The price and volume information of a stock can be a great indicator of its financial performance. The stock's Zacks Rank is not provided, but we can look at other metrics.

The stock's price closed at $177.12 yesterday, which is a significant increase from its 52 Week Low of $52.24. This shows that the stock has a strong upward trend.

The stock's Beta is 0.63, which means it is less volatile than the overall market. This can be a good thing for investors who want to reduce their risk.

Here is a table showing the stock's price change over different time periods:

The stock's price change relative to the S&P 500 is also noteworthy. Over the past 4 weeks, the stock's price has increased by 24.74% more than the S&P 500. This suggests that the stock is outperforming the market.

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