Sprouts Farmers Market Inc - Company Profile
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Sprouts Farmers Market Inc (Sprouts) is a specialty grocery retailer that provides fresh food. The company offers a range of products, including natural and organic foods, with a lifestyle-friendly ingredients such as organic, plant-based, and gluten-free options. Its products cater to health-conscious consumers and are applicable across various dietary needs and preferences. The company operates through its network of stores, providing customers with access to its curated selection of products. It also offers gift cards and coupons services. Sprouts has a presence in multiple states across the US, targeting markets interested in fresh and natural food options. Sprouts is headquartered in Phoenix, Arizona, the US.
Headquarters
United States of America
Address
5455 E High St Ste 111, Phoenix, Arizona, 85054-5464
Website
www.sprouts.com
Telephone
1 480 8148016
No of Employees
36,000
Industry
Retailing
Ticker Symbol & Exchange
SFM (NASD)
Revenue (2024)
$8.8B
14.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
37.6%
(2024 vs 2023)
Market Cap*
$8.5B
Net Profit Margin (2024)
XYZ
20.7%
(2024 vs 2023)
* As of and is in US$
Sprouts Farmers Market Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Gift Cards | Sprouts Farmers Market |
| Retailing for Food | Sprouts |
| Coupons | Sprouts Organic |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In June, the company announced its plans to launch a new store in Paramount, California, the US. |
| 2026 | Contracts/Agreements | In June, the company partnered with Buddy Brew Coffee to open 10 Buddy Brew Coffee cafes inside select Sprouts stores across the Tampa Bay and Southwest Florida region. |
| 2026 | Plans/Strategy | In May, the company announced plans to open a new store in Naples, Florida, the US. |
Competitor Comparison
| Key Parameters | Sprouts Farmers Market Inc | Amazon.com Inc | Walmart Inc | The Kroger Co | Target Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Phoenix | Seattle | Bentonville | Cincinnati | Minneapolis |
| State/Province | Arizona | Washington | Arkansas | Ohio | Minnesota |
| No. of Employees | 36,000 | 1,576,000 | 2,100,000 | 403,000 | 415,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joseph Fortunato | Chairman | Executive Board | 2013 | 73 |
| Jack L. Sinclair | Director; Chief Executive Officer | Executive Board | 2019 | 65 |
| Nich Konat | President; Chief Operating Officer | Senior Management | 2022 | 48 |
| James (Jim) Bahrenburg | Chief Technology Officer | Senior Management | 2023 | 61 |
| Brandon F. Lombardi | Secretary; Chief Legal Officer; Chief Sustainability Officer | Senior Management | 2021 | 48 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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