Sprouts Farmers Market, Inc. announced the closing of a new $600 million revolving credit facility on July 25, 2025. This facility refinances and replaces the company’s previous $700 million revolving credit facility.
The new Revolving Credit Facility has a commitment expiration date of July 2030 and includes revised pricing terms for loans and commitments, along with additional covenant flexibility. This provides Sprouts with continued financial flexibility.
At closing, Sprouts had no outstanding borrowings under the facility, with $23 million in letters of credit outstanding, leaving a remaining availability of $577 million. CFO Curtis Valentine stated that the facility provides flexibility as the company grows, while operations and unit growth are funded through robust cash flow generation.
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