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
Independent Chairman of the Board
James Leroy Nielsen
President, Co-interim Chief Executive Officer, Chief Operating Officer
Bradley S. Lukow
Co-interim Chief Executive Officer, Chief Financial Officer, Treasurer
Dan J Sanders
Chief Operating Officer
Brandon F. Lombardi
Chief Human Resources and Legal Officer, Corporate Secretary
Daniel J. Bruni
Chief Information Officer
Shawn R. Gensch
Chief Marketing Officer
Theodore E. Frumkin
Chief Development 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 39 weeks ended 30 September 2018, Sprouts Farmers Market Inc revenues increased 12% to $3.94B. Net income increased 23% to $145.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Merchandise Margins, Total - % increase of less than 1% to 29.2%, Store pre-opening costs decrease of 6% to $9.4M (expense).
Employees: 27,000 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $3,679M as of Sep 30, 2018
Annual revenue (TTM): $5,082M as of Sep 30, 2018
EBITDA (TTM): $340.34M as of Sep 30, 2018
Net annual income (TTM): $166.83M as of Sep 30, 2018
Free cash flow (TTM): $97.47M as of Sep 30, 2018
Net Debt Last Fiscal Year: $545.89M as of Sep 30, 2018
Shares outstanding: 127,603,836 as of Oct 29, 2018
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization