Sprouts Farmers Market, Inc. Provides Preliminary Sales Guidance for the Fourth Quarter and Earnings Guidance for the Full Year Ended December 31, 2017
January 08, 2018 at 09:30 pm
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Sprouts Farmers Market, Inc. provided Preliminary sales guidance for the fourth quarter and earnings guidance for the full year ended December 31, 2017. For the quarter, the company expects to report comparable store sales growth of 4.6%.
For the fiscal year, the company expects to report net sales growth of 15.3%, comparable store sales growth of 2.9%, and earnings per share slightly above its previously announced guidance range of $0.98 to $0.99.
Sprouts Farmers Market, Inc. is a specialty natural and organic food retailer. The Company offers a specialty grocery experience featuring an open layout with fresh produce at the heart of the store. It offers products made with lifestyle-friendly ingredients such as organic, plant-based and gluten-free. The Company curates its product mix to differentiate fresh, natural and organic foods and healthier options throughout all of its departments. It categorizes the varieties of products it sells as perishable and non-perishable. Its perishable product categories include produce, meat and meat alternatives, seafood, deli, bakery, floral and dairy and dairy alternatives. Its non-perishable product categories include grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. The Company operates approximately 407 stores in 23 states.
Sprouts Farmers Market, Inc. Provides Preliminary Sales Guidance for the Fourth Quarter and Earnings Guidance for the Full Year Ended December 31, 2017
SPROUTS FARMERS MARKET, INC. 
