Sprouts Farmers Market said it expects to report a 26% increase in sales for the fiscal first quarter, which ends March 30. CONNECT WITH SN ON TWITTER Follow @SN_News for updates throughout the day. The Phoenix-based retailer said sales of approximately $720 million will be driven by comparable-store sales growth estimated at 12.5% for the quarter. The company said it expected gross margins to improve slightly to 30.5% to 31% of sales, versus 30.3% for the same period a year ...
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