Sprouts Farmers Market on Thursday said its sales grew 27% in the fourth quarter, fueled by new-store openings and double-digit comps. Net income grew 174% in the quarter, to $9.3 million. Adjusted for several one-time items, net income was up 119%, to $11.4 million, compared with the year-ago fourth quarter. Sales totaled $608.2 million. CONNECT WITH SN ON TWITTER Follow @SN_News for updates throughout the day. Comparable-store sales were up 13.8% in the period, and pro forma ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.