Sprouts Farmers Market LLCSFM
± MixedCapitalrelevance
Q2 sales up 5% but comps down 1%, EPS up 1%, with mixed guidance and headwinds cited.
Impact on stocks 1
Consumer Staples
Sprouts Farmers Market LLCSprouts Farmers Market reported second quarter 2026 total sales of $2.3 billion, up 5% year-over-year, while comparable store sales declined 1%. Gross margin was 38.7%, down 12 basis points, and diluted earnings per share rose 1% to $1.37. The company opened seven new stores, ending the quarter with 490 locations across 25 states, and e-commerce sales grew more than 12% to represent approximately 16% of total sales. For the full year, Sprouts expects total sales growth between 5.5% and 6.5%, comp sales between negative 0.5% and positive 0.5%, and diluted EPS between $5.32 and $5.40. Management cited a challenging consumer environment, elevated fuel costs, and the Cyclospora outbreak as headwinds, while noting strong new store performance and a robust pipeline of 155 approved new stores.
Sprouts Farmers Market LLCQ2 sales up 5% but comps down 1%, EPS up 1%, with mixed guidance and headwinds cited.