Sprouts Farmers Market Inc (OQ:SFM)

Business Focus: Food Retail & Distribution

Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
See Regulatory Filings on SEC
Company Contact
Address: 5455 E High St Ste 111
PHOENIX AZ 85054-5464
Tel: N/A
Website: sprouts.com
IR: See website
Key People
Joseph M. Fortunato
Chairman, Independent Director
Bradley S. Lukow
Interim Co-Chief Executive Officer, Chief Financial Officer, Treasurer
Brandon F. Lombardi
Chief Human Resources and Legal Officer, Corporate Secretary
Theodore E. Frumkin
Chief Development Officer
Shawn R. Gensch
Chief Customer Officer
David McGlinchey
Chief Merchandising Office
Dan J. Sanders
Chief Operations Officer
Business Overview
Sprouts Farmers Market, Inc. is a food retailer. The Company operates as a grocery store that offers fresh, natural and organic food that includes fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, body care and natural household items catering to consumers' interest in health and wellness. As of February 23, 2017, the Company operated 256 stores in 14 states. The Company categorizes the varieties of products it sells as perishable and non-perishable. The perishable product categories include produce, meat, seafood, deli and bakery. Its non-perishable product categories include grocery, vitamins and supplements, bulk items, dairy and dairy alternatives, frozen foods, beer and wine, and natural health and body care.
Financial Overview
For the 13 weeks ended 31 March 2019, Sprouts Farmers Market Inc revenues increased 10% to $1.41B. Net income decreased 15% to $56.4M. Revenues reflect Retail Sales, Total increase of 10% to $1.41B. Net income was offset by Merchandise Margins, Total - % decrease of 1% to 34.3%, Store closure and other costs increase from $10K to $508K (expense), Other Income decrease from $207K (income) to $0K.
Employees: 30,000 as of Dec 30, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $2,917M as of Mar 31, 2019
Annual revenue (TTM): $5,334M as of Mar 31, 2019
EBITDA (TTM): $337.67M as of Mar 31, 2019
Net annual income (TTM): $148.30M as of Mar 31, 2019
Free cash flow (TTM): $139.43M as of Mar 31, 2019
Net Debt Last Fiscal Year: $493.11M as of Mar 31, 2019
Shares outstanding: 120,436,879 as of Mar 31, 2019
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization