Sprouts Farmers Market Inc

Amazon (AMZN) is hitting the right chords when it comes to the grocery business. The online giant continues to invest in delivery services.

Amazon (AMZN) has slashed Whole Foods’ prices again.

Sprouts Farmers Market Inc. (NYSE: SFM) is down over 14% in early trading following its announcement of a leadership change. Here’s what you need to know.

Sprouts Farmers Market’s solid business model and impressive comps growth have enabled the company to deliver healthy returns in the stock market.

Sprouts Farmers Market is rated a 2.4 on a scale of one (strong buy) to five (strong sell). The company’s ratings have deteriorated in the past six months.

Wells Fargo downgraded Sprouts Farmers Market (SFM) to “market perform” on September 24 from “outperform.”

Workday (WDAY) exited the fiscal first quarter of 2019 with a subscription revenue backlog of $5.2 billion.

Despite delivering average results, Sprouts Farmers Market (SFM) stock traded higher after the second-quarter earnings on August 2.

The Phoenix-based Sprouts Farmers Market (SFM) reported results for 1Q18 on May 3.

Though Supervalu’s (SVU) stock has delivered below-average performance this year, Wall Street believes there’s scope for revival.

Supervalu (SVU) is slated to report its 4Q18 results on April 24. It’s likely to post a 14% YoY (year-over-year) decline in earnings per share.

Home Depot (HD) announced its fiscal 4Q17 results on February 20. Home Depot’s revenue increased 7.5% YoY (year-over-year) to $23.8 billion.

There were no recommendation changes from Wall Street analysts on Sprouts Farmers Market (SFM) after its 4Q17 results.

Despite a strong performance in 4Q17, Sprouts Farmers Market (SFM) stock plunged 2.3% after the company’s earnings release.

After delivering a 15% year-over-year rise in 2017, Sprouts’ management now expects an 11.5%–12.5% YoY rise in its 2018 net sales.

Sprouts Farmers Market’s adjusted diluted EPS (earnings per share) rose 23% to $0.16, outdoing Wall Street’s expectations by a cent.

Sprouts Farmers Markets posted a strong 4Q17, with its sales growing more than 16% to $1.1 billion.

Sprouts Farmers Market (SFM) reported a 16.1% YoY (year-over-year) rise in total sales to $1.1 billion during 4Q17.

Phoenix, Arizona-based Sprouts Farmers Market (SFM) reported its 4Q17 results February 22, 2018.

Despite competitive headwinds in the retail food space, Sprouts Farmers Market (SFM) stock surged 29% during 2017.

Sprouts Farmers Market is scheduled to release its 4Q17 results on February 22, 2018, for the three months ending on December 31, 2017.

Amazon paid $13.7 billion to acquire Whole Foods in a move that was viewed as in sync with its expansion into the food business.

Supervalu’s gross profit improved marginally to $411 million during 3Q18. However, the gross margin fell by more than 300 basis points to 10.5% of sales.

Industry leader Walmart (WMT) emerged as a clear winner in the price war. It even beat dollar stores and became the cheapest retailer in the country.

Kroger stock took a beating in 2017, mainly due to growing pessimism in food retail. It closed the year with a loss of more than 20% in the stock market.

Kroger (KR) management’s decision to withdraw its long-term guidance forced investors to wonder about the company’s long-term prospects. The stock fell 7.5% on September 8, 2017.

Kroger’s margins have deteriorated continuously over the last year As mentioned previously, Kroger’s (KR) top line has grown over the last 15 quarters, despite rising competition and other headwinds. However, its profitability has taken a hit in the last year. Kroger’s EPS (earnings per share) have fallen for the last four quarters. The company has sacrificed […]

The company’s quarterly earnings per share rose 44% YoY (year-over-year) to 23 cents, beating the Wall Street expectations by five cents.

Sprouts Farmers Market’s (SFM) strong 3Q17 earnings and guidance revision was well received by the market.

Sprouts Farmers Market (SFM) reported a 16.4% YoY (year-over-year) increase in total sales to $1.2 billion for the third quarter, which ended in October 2017.

Sprouts Farmers’ better ratings reflect its steady performance in terms of healthy margins, consistent same-store sales, and strong earnings.

Sprouts Farmer’s Market’s (SFM) stock market performance this year has been quite sensitive to the Whole Foods-Amazon (AMZN) deal that took place in mid-June.

During the first six months of 2017, SFM’s EPS rose 12.7% YoY.

A total of 26 Wall Street analysts cover Kroger (KR). Out of these analysts, the stock has received a “buy” rating from 31% of analysts.

Kroger’s (KR) stock tumbled on September 8 after the supermarket giant announced its plan to scrap the practice of providing long-term guidance.

After bleeding in the stock market in 2015 and 2016, Sprouts Farmers Market (SFM) stock finally bounced back in 2017, rising 27.0% at the end of July 2017. But August turned out to be one of its worst months.

Amazon (AMZN) announced the acquisition of premium organic and natural food retailer Whole Foods Market on June 16, 2017. The deal sent tremors across the food retail sector.

Grocery stocks continued their challenging run in August as online juggernaut Amazon (AMZN) closed on its acquisition of organic and natural food retailer Whole Foods Market.

Amazon’s (AMZN) acquisition of Whole Foods (WFM) closed on August 28. Amazon’s first move was to slash grocery prices up to 43%.

Kroger (KR) is covered by 26 Wall Street analysts. The supermarket giant is currently rated a 2.6 on a scale of 1 (strong buy) to 5 (sell).

A challenging retail environment, continuous and rising competition, and Kroger’s inability to drive sales comps and earnings growth have weighed down on the grocer’s stock market performance.

The Cincinnati-based Kroger (KR) is slated to report its second-quarter 2018 results at 10:00 AM EDT on September 8, 2017.

SFM’s top line is expected to grow 13%–14% based on its sales comp growth of 1.5%–2.0% and 32 new store openings.

Sprouts Farmers Market (SFM) reported a 14.7% year-over-year increase in sales to $1.2 billion in 2Q17.

Phoenix, Arizona–based Sprouts Farmers Market (SFM) reported its 2Q17 results on August 3. Total sales for SFM increased 15% year-over-year to $1.2 billion, $17.0 million more than consensus estimates.

Whole Foods Market (WFM) has been the best-performing supermarket stock this year.

Whole Foods Market (WFM) posted record sales of $3.7 billion, which was in line with the consensus expectations.

Sprouts Farmers Market (SFM) is valued at a one-year forward price-to-earnings ratio (or PE) of 26.0x, which is close to the upper end of its 52-week PE range of 20.0x–27.0x.

According to the latest data compiled by Thomson Reuters, 52% of the analysts recommend buying SFM.

On June 16, 2017, Amazon announced its intention to acquire Whole Foods Market for $13.4 billion. The deal bolstered Whole Foods Market’s stock price by 29%.

Sprouts Farmers Market (SFM) has successfully survived deflation and rising competition, posting 40 consecutive quarters of positive sales comps.

For fiscal 2017, Sprouts Farmers Market’s (SFM) management expects sales to grow in the 12.5%–13.5% range based on positive same-store sales and 32 new stores.

Arizona-based Sprouts Farmers Market (SFM) is slated to release its 2Q17 results on August 3. Its total sales are expected to rise 12.9% year-over-year to ~$1.2 billion.

Whole Foods Market (WFM) is covered by 24 Wall Street analysts. The company has a rating of 3 on a scale of 1 (“strong buy”) to 5 (“sell”).

Whole Foods has seen deterioration in its sales comps and earnings over the past few years. Its EPS fell from a rise of 16.7% in fiscal 2013 to a fall of 3.7% in fiscal 2016.

SUPERVALU (SVU) stock fell 50% between 2015 and 2016, and its share price continues to be in the red in 2017.

Sprouts Farmers Market (SFM) has gained close to 20% YTD (year-to-date) as of July 6 and is now trading at $22.54, or 15% below its 52-week high price.

After losing 17% in 2016, Kroger stock has fallen 12.5% on a year-to-date basis.

Kroger (KR) will report its fiscal 1Q18 results on June 15 and is expected to post an 18.6% fall in EPS to $0.57 and total sales of $35.7 billion.

Of the 21 analysts who rate Sprouts Farmers Market, 57% recommend a “buy” on the company, while 43% recommend a “hold.”

Sprouts Farmers Market (SFM) delivered industry-leading comps and profitability in fiscal 2014 and 2015.

After reporting top-line growth of over 20% in fiscal 2014 and 2015, Sprouts Farmers Market’s (SFM) sales rose 13% in fiscal 2016.

Sprouts Farmers Market’s (SFM) management expects deflationary headwinds to continue at least in the first half of 2017.

Sprouts Farmers Market (SFM) is slated to release its financial results for 1Q17 on Thursday, May 4, 2017.

After adjusting for certain one-time charges, third quarter net earnings (from continuing operations) stood at $14 million, or $0.05 per diluted share.

Whole Foods Market stock (WFM) spiked as much as 10% on April 10, 2017, after activist investor Jana Partners disclosed its 8.3% stake in the company.

Despite cruising ahead of its revenue and earnings estimates, Kroger (KR) stock fell 4.3% after reporting its fiscal 4Q17 results.

Of the 25 analysts that rated Kroger (KR), 56% recommended a “buy,” 36% recommended a “hold,” and only 8% gave a “sell” rating.

For fiscal 2018, Kroger (KR) guided an EPS range of $2.21–$2.25. At the midpoint, this implies an increment of ~5.2% over the previous year’s earnings.

Kroger (KR), America’s largest supermarket, reported an improvement of 5.5% in total sales to $27.6 billion during fiscal 4Q17.

Fiscal 2016 top line rises 13% Despite ongoing deflationary headwinds throughout 2016, Sprouts Farmers Market (SFM) delivered industry-leading top line growth in 2016. The company’s total sales rose 13% to $4 billion during the year. On a 52-week basis, its sales rose 15% YoY (year-over-year), compared to the trailing-12-month top line growths of 1.7%, 4.6%, and […]

Sprouts Farmers Market reported its 4Q16 results on February 23, 2017. The company reported quarterly earnings per share (or EPS) of $0.13, outdoing analysts’ estimates by $0.01.

Sprouts Farmers Market (SFM) reported a 6% YoY (year-over-year) rise in its sales to $986 million in 4Q16, ~$11 million higher than analysts’ expectations.

Phoenix, Arizona–based Sprouts Farmers Market reported its 4Q16 and 2016 results on February 23, 2017. The results relate to the three-month period that ended on January 1, 2017.

In this article, we’ll look at Wall Street analysts’ recommendations and current valuations for Kroger (KR). Kroger is covered by 25 analysts.

Of the 21 analysts who rate Sprouts Farmers Market, 57% have recommended buying the company while 43% recommend holding it.

Sprouts thinks that the deflationary environment could impact its fourth quarter results and is expecting cost deflation of around 1% in the fourth quarter.

After recording more than 20% growth in fiscal 2014 and 2015, Sprouts Farmers Market’s (SFM) sales rose around 15% in the first nine months of 2016.

Analysts expect Sprouts Farmers Market to post a 33% YoY decline in EPS to 12 cents per share in 4Q16.

Of the 26 analysts that cover WFM, 23% gave it a “buy” recommendation, 50% recommended a “hold,” and 27% recommended a “sell.”

Whole Foods Market’s (WFM) earnings per share fell 15% year-over-year to $0.39 per share.

Whole Foods Market (WFM) reported its results for fiscal 1Q17 on February 8, 2017. The natural food retailer reported earnings per share of $0.39, 15% lower than in fiscal 1Q16.

Valuations of most supermarkets have taken a hit as the companies have been severely punished in the stock markets for their poor financial performance and bleak outlooks.

The grocery and food retail sector remained under pressure through most of 2016 on concerns of persistent deflation and increasing competition.

Supermarkets (XRT) had a bumpy ride in 2016 as deflationary headwinds negatively impacted their same-store sales and margins.

2016 turned out to be a tough year for the US grocery sector. Food deflation crimped the top and bottom lines of major grocers.

We’ll focus on four supermarkets: Kroger (KR), Whole Foods Market (WFM), Sprouts Farmers Market (SFM), and Supervalu (SVU).

Supervalu is currently trading 9.3x its next-12-month earnings as of January 5, 2017.

US grocery retailers were in troubled waters in 2016 as a result of persistent deflation and rising competition.

Supervalu’s (SVU) top line has contracted for the past four quarters. Total revenue is down 4.3% in 1H17 as compared to 1H16.

Kroger (KR) and supermarket peers have delivered unimpressive performances in the stock market this year.

In 2Q17, Kroger (KR) reported a 6.8% YoY (year-over-year) growth in earnings per share (or EPS) to $0.47.

Whole Foods Market (WFM) reported its results for fiscal 4Q16 on November 2, 2016. The company reported a 1.7% year-over-year increase in its top line to $3.5 billion.

Based in Austin, Texas, Whole Foods Market (WFM) reported its results for fiscal 4Q16 on November 2, 2016. The company reported sales of $3.5 billion in fiscal 4Q16, which is in line with the consensus estimates.

Sprouts Farmers Market’s stock price fell 11.3% after the company reported its results on November 3, 2016.

Despite the slowdown, Sprouts Farmers Market continues to display better margins compared to Kroger (KR) and Supervalu (SVU).

Sprouts Farmers Market’s sales growth was driven by a 1.3% increase in sales comps and strong new store productivity during 3Q16.

Sprouts Farmers Market (SFM) reported its 3Q16 results on November 3, 2016. The results relate to the three-month period ending October 2, 2016.

Analysts expect SFM’s EPS to fall 1.2%, to $0.85, in fiscal 2016. But despite a slowdown in earnings, Wall Street is still bullish on the company.

The second quarter of 2016 turned out to be a strong quarter for Sprouts Farmers Market (SFM). It reported a rise in EPS of 14.0% YoY to $0.25, beating Wall Street estimates by $0.01.