2023-08-01 16:17:00 ET
- Sprouts Farmers Market press release ( NASDAQ: SFM ): Q2 Non-GAAP EPS of $0.71 beats by $0.08 .
- Revenue of $1.69B (+5.6% Y/Y) in-line.
- Opened 6 new stores, resulting in 391 stores in 23 states as of July 2, 2023.
- Q3 Outlook: Net sales growth: 5% to 6%
- Comparable store sales growth: 2% to 3%
- Adjusted EBIT: $378 million to $390 million
- Adjusted diluted earnings per share: $2.68 to $2.76
- Unit growth: 30 new stores
- Capital expenditures (net of landlord reimbursements): $190 million to $210 million.
- Shares +2.4% .
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Sprouts Farmers Market Non-GAAP EPS of $0.71 beats by $0.08, revenue of $1.69B in-line