Sprouts Farmers Market reported robust financial results for the first quarter ended March 30, 2025, with net sales increasing 19.0% to $2.24 billion. Comparable store sales grew by an impressive 11.7%, driven by balanced performance across categories, channels, and geographies.
Diluted earnings per share (EPS) surged by 62.0% to $1.81. Gross profit increased 23.0% to $886.4 million, and the gross margin expanded by 1.30 percentage points to 39.6%, primarily due to improved inventory management. Return on Invested Capital (ROIC) improved significantly to 16.8%.
The company repurchased $220.6 million of stock in Q1 2025 and maintained its full-year 2025 guidance, projecting total sales growth of 12-14% and comparable store sales of 5.5-7.5%. Strategic initiatives, including the phased national rollout of its loyalty program starting in Q3 2025 and the transition to self-distribute fresh meat and seafood, remain on track for Q3 2025.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.