Why Sprouts Farmers Market Stock Rocketed Higher This Week
Sprouts Farmers Market(SFM) The Motley Fool·2024-08-01 22:02The grocery chain posted strong growth for the second quarter of 2024. Shares of Sprouts Farmers Market (SFM 0.87%) shot up as much as 18.7% this week, according to data from S&P Global Market Intelligence. The health grocery chain reported earnings for the second quarter of 2024 that beat Wall Street's expectations. Up over 100% this year, the stock is crushing the broad market indices, and it's up close to 500% in the last five years. As of the market close on Thursday, Aug. 1, the stock is up 16.2% since ...