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.
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.
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.
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 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.
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.
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.
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.
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.
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%.
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 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.
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 adjusting for certain one-time charges, third quarter net earnings (from continuing operations) stood at $14 million, or $0.05 per diluted share.
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.
Sprouts thinks that the deflationary environment could impact its fourth quarter results and is expecting cost deflation of around 1% in the fourth quarter.
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.
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.
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.
Sprouts Farmers Market (SFM) is slated to release its 3Q16 results on Thursday, November 3, 2016, before the market opens. Wall Street is expecting a fall of 19.0% in EPS.
Whole Foods Market (WFM), considered a pioneer in the US natural and organic foods industry, enjoyed robust topline growth and margins until competition heated up.
Whole Foods Market (WFM) doesn’t seem to please Wall Street, as it has a “sell” recommendation by 19% of analysts, a “hold” recommendation by 58% of analysts, and a “buy” recommendation by 23% of analysts.
The current year has been difficult for food retail stocks due to rising deflation and increasing competition. Food prices fell for nine months this year.
