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Sprouts Farmers Market (SFM) 10-Q Filings

SFM NASDAQ

Here are the 10-Q quarterly reports from Sprouts Farmers Market, Inc. (SFM) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow SFM and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SFM filings page.

Rhea-AI Summary

Sprouts Farmers Market, Inc. reported third-quarter net sales of $2.3 billion for the 13 weeks ended September 27, 2026, up 5% year over year, while net income fell 6% to $113.421 million. New stores contributed $128.8 million in sales, partly offset by a 0.9% decline in comparable store sales; transactions fell 3.3%, partly offset by a 2.5% increase in transaction size. Gross margin was 38.2%, versus 38.7% a year earlier, and Sprouts operated 504 stores in 25 states.

The company cited produce-category disruption from a cyclospora outbreak and an uneven macroeconomic backdrop. It expects to accelerate affordability investments in the fourth quarter of fiscal 2026 and into fiscal 2027, alongside technology and supply-chain investments, and expects these investments together with lower comparable store sales to pressure near-term margins. Operating cash flow was $555.1 million for the 39 weeks ended September 27, compared with $577.5 million a year earlier; fiscal 2026 capital expenditures are expected to be approximately $310 million. Chief Executive Officer and board member Jack Sinclair entered a new Rule 10b5-1 Trading Plan for sales of up to 206,896 shares beginning December 14, 2026, through May 4, 2027, after terminating a prior plan.

Rhea-AI Summary

Sprouts Farmers Market, Inc. reported net sales of $2.33 billion for the thirteen weeks ended March 29, 2026, up 4% year over year, driven mainly by new stores. Comparable store sales declined 1.7%, indicating softer performance at existing locations.

Gross profit rose to $917.3 million, but gross margin edged down to 39.4%, pressured by the loyalty program and higher shrink. Net income fell to $163.7 million from $180.0 million, with diluted EPS at $1.71 versus $1.81.

Operating cash flow was strong at $235.3 million, though below last year, while capital expenditures increased to $101.2 million as Sprouts invested in new stores and infrastructure. The company ended the period with 483 stores, no outstanding borrowings under its $600 million credit facility, and repurchased 1.9 million shares for $141.1 million, leaving $696.0 million under its current buyback authorization.

Rhea-AI Summary

Sprouts Farmers Market (SFM) reported stronger Q3 results. Net sales were $2,200,430,000, up 13% year over year, with comparable store sales growth of 5.9%. Gross margin improved to 38.7%, lifting operating income to $157,398,000 and net income to $120,116,000. Diluted EPS rose to $1.22 from $0.91.

For the year-to-date period, net sales reached $6,657,468,000 and net income was $433,845,000, driving diluted EPS of $4.38. Cash from operations was $577,471,000 and cash and equivalents stood at $322,415,000 at quarter-end. The company authorized a new $1,000,000,000 share repurchase program and spent $344,911,000 year-to-date on buybacks, while ending the quarter with no outstanding borrowings and an undrawn $600,000,000 credit facility. Sprouts operated 464 stores in 24 states and recorded 9.3% year-to-date comparable sales growth.