Sprouts Farmers (SFM) Jumps 15% on Strong Sales, Upbeat Outlook

Sprouts Farmers Market Inc. (NASDAQ:SFM) is one of the 10 Stocks Delivering Eye-Popping Gains.

Sprouts Farmers Market climbed by 15.07 percent on Thursday to close at $81.85 apiece, as investor sentiment was fueled by its strong sales performance in the first quarter of the year, coupled with a higher growth outlook for the full-year period.

In an updated report, Sprouts Farmers Market Inc. (NASDAQ:SFM) said that net sales during the quarter climbed by 4.5 percent to $2.3 billion from the $2.2 billion in the same period last year.

Photo from Sprouts Farmers

Net income, on the other hand, declined by 9 percent to $163.7 million from the $180 million year-on-year.

Commenting on the performance, Sprouts Farmers Market Inc. (NASDAQ:SFM) CEO Jack Sinclair said that the first quarter played out largely as they expected.

“We continue to focus on accelerating customer engagement, foraging and discovery, building an advantaged supply chain, and expanding access to healthy food. We remain confident in our long-term potential and expect sequential improvement in the business throughout 2026 as we reaccelerate growth. I want to thank our team members for their diligence in executing our strategy and for their dedication to serving our customers,” he noted.

Sprouts Farmers Market Inc. (NASDAQ:SFM) raised its growth outlook for full-year 2026, with diluted earnings per share now targeted at a range of $5.32 to $5.48, versus the $5.28 to $5.44 range as expected prior.

On the other hand, it maintained its net sales growth guidance of 4.5 percent to 6.5 percent, as well as its earnings before interest and taxes at $675 million to $695 million.

Comparable store sales were also projected to either dip or inch up by 1 percent.

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