Sprouts Farmers Market (SFM) Tops Q2 EPS by 1c; Guides FY16 EPS Below Views
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Sprouts Farmers Market, Inc. Reports Second Quarter 2016 Results
August 4, 2016 9:01 AM EDTPHOENIX, Aug. 04, 2016 (GLOBE NEWSWIRE) -- Sprouts Farmers Market, Inc. (Nasdaq: SFM) today reported results for the 13-week second quarter ended July 3, 2016.Â
Second Quarter Highlights:
Net sales of $1.0 billion; a 14% increase from the same period in 2015Comparable store sales growth of 4.1% and two-year comparable store sales growth of 8.9%Net income of $37 million and diluted earnings per share of $0.25Net income increased 19% from the same period in 2015, and 6% from adjusted net incomeDiluted earnings per share increased 25% from the same period in 2015, and... More