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Sprouts Farmers Market Inc: Overview

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Sprouts Farmers Market Inc (Sprouts), formerly known as Sprouts Farmers Markets LLC, is a retailer of fresh, natural and organic food products. The company operates as a combination of natural foods stores, farmers markets, supercenter, and conventional supermarkets. The company’s product portfolio includes fresh produce, vitamins and supplements, beer and wine, grocery, bulk foods, meat and seafood, bakery, natural household items, body care, dairy products, and frozen foods. Sprouts offer gift cards, coupons and catering services. The company’s operations are spread across Southwest region of the US, with the majority of its stores in Arizona, Colorado, and Texas. Sprouts are headquartered in Phoenix, Arizona, the US.

Headquarters United States of America

Address 5455 E High St Ste 111, Phoenix, Arizona, 85054-5464


Telephone 1 480 8148016

No of Employees 31,000

Industry Retailing

Ticker Symbol & Exchange SFM (NASD)

Revenue (2021) $6.5B -5.7% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX -15.1% (2021 vs 2020)

Market Cap* $2.7B

Net Profit Margin (2021) XXX -9.9% (2021 vs 2020)

* As of and is in US$

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Products and Services

Products Services
Grocery Items Gift Cards
Dairy and Non-Dairy Products Coupons
Bakery Products Catering
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 New Products/Services In May, the company launched Joyfull Bakery Parmesan Crisps with an Exclusive new flavor.
2022 Corporate Changes/Expansions In April, the company opened a new store in Port St. Lucie, Florida, the US.
2022 Contracts/Agreements In April, the company partnered with ZUBI’S to launche plant-based Latin dips.
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Competitor Comparison

Key Parameters Sprouts Farmers Market Inc Amazon.com Inc The Kroger Co Albertsons Companies Inc Safeway Inc.
Headquarters United States of America United States of America United States of America United States of America United States of America
City Phoenix Seattle Cincinnati Boise Pleasanton
State/Province Arizona Washington Ohio Idaho California
No. of Employees 31,000 1,608,000 420,000 290,000 137,000
Entity Type Public Public Public Public Private
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Key Financial Charts

Net Income Growth

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Operating Margin
Operating Margin
EPS (Earnings per Share)
EPS (Earnings per Share)
Debt to Equity Ratio
Debt to Equity Ratio
Return on Assets
Return on Assets
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Executives
Name Position Board Since Age
Joseph Fortunato Chairman Executive Board 2017 69
Jack L. Sinclair Director; Chief Executive Officer Executive Board 2019 61
Lawrence P. Molloy Chief Financial Officer Senior Management 2021 60
Nicholas Konat Chief Operating Officer; President Senior Management 2022 44
Gilliam Phipps Chief Marketing Officer; Senior Vice President Senior Management 2020 56
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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