Record Sales Growth
Sprouts Farmers Market reported a 13% increase in sales for 2024, with a 7.6% comparable store sales growth and a margin improvement of more than 70 basis points.
Strong Fourth Quarter Performance
Fourth quarter total sales were $2 billion, up 17.5% from the same period last year, driven by an 11.5% comparable store sales growth.
E-commerce Milestone
E-commerce sales grew approximately 37% in the fourth quarter, representing 14.5% of total sales, surpassing $1 billion for the year.
New Store Openings and Job Creation
Sprouts opened 33 new stores in 2024, adding approximately 3,300 new jobs, and plans to open at least 35 more stores in 2025.
Improved Customer Engagement
The company achieved its highest customer service scores and improved marketing effectiveness, leading to strong traffic and customer growth.