Strong Revenue Growth
Sales increased 17% compared to the same period last year, reaching $2.2 billion, driven by a 10.2% increase in comparable store sales and strong new store performance.
Earnings Per Share Surge
Diluted earnings per share increased by 44% year-over-year, reaching $1.35.
E-Commerce Expansion
E-commerce sales grew by 27%, representing approximately 15% of total sales for the quarter.
Gross Margin Improvement
Gross margin increased by 91 basis points to 38.8% due to inventory and category management improvements.
Successful Store Expansion
Opened 12 new stores in the second quarter, with plans to open 35 new stores in total for 2025.
Loyalty Program Launch
The Sprouts Reward loyalty program launched in Arizona, showing promising early results.
Strong Balance Sheet
Generated $410 million in operating cash flow year-to-date, with $261 million in cash and cash equivalents at the end of the second quarter.