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Sprouts Farmers Market Reports Strong 2024 Financial Growth

Story Highlights
  • Sprouts Farmers Market achieved notable sales growth in 2024, with a 13% increase to $7.7 billion.
  • The company expanded its footprint by opening 33 new stores, totaling 440 locations by year-end 2024.
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Sprouts Farmers Market Reports Strong 2024 Financial Growth

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Sprouts Farmers ( (SFM) ) has provided an update.

Sprouts Farmers Market reported significant growth for the fourth quarter and the full year ending December 29, 2024, with net sales reaching $2.0 billion for the quarter and $7.7 billion for the year, marking increases of 18% and 13% respectively from the previous year. The company opened 33 new stores in 2024 and ended the year with 440 stores, demonstrating strong operational expansion and financial performance, which positions it well for future growth in 2025.

More about Sprouts Farmers

Sprouts Farmers Market, Inc. is a leading specialty retailer in the United States, focusing on fresh, natural, and organic food. Headquartered in Phoenix, the company operates over 440 stores across 24 states, emphasizing a unique grocery experience with an open layout and produce-centric approach.

YTD Price Performance: 32.35%

Average Trading Volume: 1,305,533

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $17.15B

For a thorough assessment of SFM stock, go to TipRanks’ Stock Analysis page.

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