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 ...
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.