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: | 1-480-8148016 |
Website: | https://www.sprouts.com |
IR: | See website |
Key People | ||
Nicholas Konat President, Chief Operating Officer | J. Scott Neal Chief Merchandising Officer | Jack L. Sinclair Chief Executive Officer, Director |
Curtis Valentine Chief Financial Officer | Timmi Zalatoris Chief Human Resource Officer | Alisa Gmelich Senior Vice President, Chief Marketing Officer |
Kim Coffin Senior Vice President, Chief Forager | James Bahrenburg Chief Technology Officer | Joseph Hurley Chief Supply Chain Officer | David M. McGlinchey Chief Strategy Officer |
Business Overview |
Sprouts Farmers Market, Inc. is a specialty natural and organic food retailer. The Company offers an open layout with fresh produce, which are organic, plant-based and gluten-free. The Company curates its product mix to differentiated fresh, natural and organic foods and healthier options throughout all of its departments. It categorizes the varieties of products as perishable and non-perishable. Perishable product categories include produce, meat, seafood, deli, bakery, floral and dairy and dairy alternatives. Non-perishable product categories include grocery, vitamins and supplements, bulk items, frozen foods, beer and wine, and natural health and body care. The Company operates approximately 386 stores in 23 states. |
Financial Overview |
For the fiscal year ended 31 December 2023, Sprouts Farmers Market Inc revenues increased 7% to $6.84B. Net income decreased 1% to $258.9M. Revenues reflect Non Perishables segment increase of 9% to $2.92B, Retail Sales-Non-perishables increase of 9% to $2.92B. Net income was offset by Selling, general and administrative exp. increase of 7% to $1.7B (expense). |
Employees: | 32,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $6,343M as of Dec 31, 2023 |
Annual revenue (TTM): | $6,837M as of Dec 31, 2023 |
EBITDA (TTM): | $527.32M as of Dec 31, 2023 |
Net annual income (TTM): | $258.86M as of Dec 31, 2023 |
Free cash flow (TTM): | $239.76M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 101,211,984 as of Feb 20, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |