Sprouts Farmers Market(SFM) The Motley Fool·2025-02-21 00:01Core Insights - Sprouts Farmers Market reported strong fourth-quarter earnings, exceeding expectations due to robust sales growth and strategic expansion efforts [1][2] Financial Performance - The company achieved an EPS of 0.73, and revenue of 1.96 billion [2][3] - Year-over-year, EPS increased by 61.2% from 1.7 billion [3][6] - Comparable store sales growth was reported at 11.5%, indicating strong performance in existing locations [3][6] Strategic Initiatives - Sprouts opened 12 new stores during the fourth quarter, contributing to its growth strategy [6][7] - The company launched approximately 7,100 new products, enhancing its product diversity and revenue streams [7] - The Sprouts brand accounted for over 23% of total sales, highlighting its significance in the company's revenue generation [7] Operational Highlights - Net income for the quarter was 50 million in Q4 2023, reflecting improved profitability [7] - Gross profit margins improved from 36.5% to 38.1%, indicating better cost management practices [7] Future Outlook - For Q1 2025, Sprouts projects a 10% to 11% increase in comparable store sales and an EPS between 1.55 [8] - Full-year expectations include a net sales rise of 10.5% to 12.5% and robust EBITDA forecasts between 610 million [8]