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The latest announcement is out from Sprouts Farmers ( (SFM) ).
Sprouts Farmers Market, Inc. reported a strong third quarter for 2024, with net sales rising 14% to $1.9 billion and comparable store sales increasing by 8.4%. The company also saw a significant boost in earnings per share, reaching $0.91 compared to $0.64 in the previous year. Sprouts opened nine new stores, bringing the total to 428 across 23 states, and ended the quarter with $310 million in cash. Looking ahead, Sprouts anticipates continued growth with projected sales increases and plans to open more stores in 2024.
See more data about SFM stock on TipRanks’ Stock Analysis page.
