Sprouts Farmers Market (SFM) Tops Q3 EPS by 16c, Slight Miss on Revenues; Offers 4Q & FY20 EPS Outlook

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Go back to Sprouts Farmers Market (SFM) Tops Q3 EPS by 16c, Slight Miss on Revenues; Offers 4Q & FY20 EPS Outlook

UPDATE: Sprouts Farmers Market (SFM) PT Lowered to $23 at Credit Suisse While Raising Estimates

October 27, 2020 6:01 AM EDT

(Updated - October 27, 2020 6:13 AM EDT)

Credit Suisse analyst Kaumil Gajrawala lowered the price target on Sprouts Farmers Market (NASDAQ: SFM) to $23.00 (from $26.00) while raising estimates for both Revenue and EPS. Sales and EPS for 3Q rise to $1.6B (7.5% comp growth) and $0.36 (from... More