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Sprouts Farmers Market, Inc. 8-K Filings

SFM NASDAQ

Every 8-K that Sprouts Farmers Market, Inc. (SFM) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly 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. (SFM) announced a planned leadership succession under which Nick Konat, currently President and Chief Operating Officer, will become Chief Executive Officer and join the board of directors effective at the start of the 2027 fiscal year on January 4, 2027. Current CEO Jack Sinclair, who has led the company since 2019, will transition to the role of Executive Chairman on that date.

Konat’s compensation will increase to an annual base salary of $900,000 effective September 1, 2026, then to $1,000,000 on the Transition Date, with a target cash bonus opportunity of 125% of base salary and long-term equity incentive opportunity of 600% of base salary. Sinclair, as Executive Chairman, will receive a $900,000 base salary, a 100% target cash bonus opportunity, and a 333% long-term equity incentive opportunity. The board will expand to nine members when Konat joins, and Joe Fortunato will become Lead Independent Director on January 4, 2027.

Rhea-AI Summary

Sprouts Farmers Market, Inc. reported second-quarter 2026 results for the 13 weeks ended June 28, 2026. Net sales were $2.33 billion, a 5% increase from the same period in 2025, with comparable store sales of (1.0)%. Net income was $129.2 million and diluted earnings per share were $1.37 versus $1.35 a year earlier. The company opened 7 new stores, bringing the total to 490 stores in 25 states.

The company ended the quarter with $223.9 million in cash and cash equivalents and no borrowings under its $600 million revolving credit facility. Year-to-date through June 28, 2026, cash from operations was $369.0 million, with $186.0 million in capital expenditures and $210.0 million of share repurchases. For third-quarter 2026, Sprouts forecasts comparable store sales between (0.5)% and 1.5% and diluted EPS of $1.20–$1.24. On a 52-week basis for full-year 2026, guidance includes net sales growth of 5.5%–6.5%, comparable store sales of (0.5)% to 0.5%, EBIT of $675–$685 million, diluted EPS of $5.32–$5.40, approximately 42 net new stores, and capital expenditures of about $310 million. A 53rd week in 2026 is estimated to add about $200 million in sales, $28 million in EBIT and $0.21 in diluted EPS.

Rhea-AI Summary

Sprouts Farmers Market, Inc. reported the results of its annual meeting of stockholders held on May 20, 2026. Stockholders elected Class I directors Joel D. Anderson (75,150,044 votes for, 1,721,743 withheld) and Terri Funk Graham (72,609,684 for, 4,262,103 withheld), with 7,043,924 broker non-votes for each.

Stockholders approved the non-binding say-on-pay resolution on 2025 executive compensation with 72,173,806 votes for, 4,547,676 against and 150,305 abstentions, plus 7,043,924 broker non-votes. They supported holding future say-on-pay votes every one year, with 74,207,691 votes for the one-year option.

The board decided to continue annual advisory votes on executive pay, with the next vote at the 2027 annual meeting, and another say-on-frequency vote no later than the 2032 annual meeting under Section 14A(a)(2) of the Exchange Act. Stockholders also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for fiscal 2026, with 82,292,032 votes for, 1,549,962 against and 73,717 abstentions.

Rhea-AI Summary

Sprouts Farmers Market, Inc. appointed Andrew Jhawar to its Board of Directors as a Class III director, with a term expiring at the 2028 annual meeting of stockholders. He will serve on the Board’s Audit Committee and participate in the standard compensation plan for independent directors.

Jhawar previously served on Sprouts’ board from 2011 to 2016 and brings extensive consumer and retail private equity experience, including a long tenure at Apollo Global Management. The board size will temporarily increase from eight to nine members until current director Doug Rauch retires following the annual meeting, after which it will return to eight members.

Rhea-AI Summary

Sprouts Farmers Market, Inc. reported first quarter 2026 net sales of $2.33 billion, up 4% from the same period in 2025, with comparable store sales down 1.7%. Net income was $163.7 million and diluted EPS was $1.71, compared with $1.81 a year earlier.

EBIT for the quarter was $215.3 million and EBITDA was $259.6 million. Sprouts opened 6 new stores, bringing its total to 483 stores in 25 states, and ended the quarter with $252 million in cash and no borrowings on its $600 million revolver.

The company generated $235 million in operating cash flow and repurchased 1.9 million shares for $140 million. For second quarter 2026, Sprouts forecasts comparable store sales between (2)% and 0% and diluted EPS of $1.32 to $1.36. For full-year 2026 on a 52-week basis, it targets net sales growth of 4.5% to 6.5%, comparable store sales between (1)% and 1%, EBIT of $675 million to $695 million, diluted EPS of $5.32 to $5.48, over 40 new stores, and capital expenditures of $280 million to $310 million.

Rhea-AI Summary

Sprouts Farmers Market, Inc. announced executive leadership changes centered on its merchandising and customer strategy. J. Scott Neal has retired as chief merchandising officer, effective immediately, and is expected to remain in an advisory role through March 2026 to support a smooth transition.

Don Clark has been appointed chief merchandising officer and will oversee perishable, non-perishable and merchandise operations, bringing more than 25 years of CPG and retail merchandising experience, including senior roles at Giant Eagle, Whole Foods Market and Cerebelly Inc.

The company also created a new chief customer officer position, appointing Amanda “Mandy” Rassi to lead marketing, communications, personalization and loyalty, eCommerce and consumer insights, drawing on her background at The Michaels Companies, Kroger, 84.51° and Procter & Gamble.

Rhea-AI Summary

Sprouts Farmers Market reported strong fourth-quarter and full-year 2025 results, with Q4 net sales of $2.1 billion (up 8%) and diluted EPS of $0.92, up from $0.79 a year earlier. For 2025, net sales reached $8.8 billion, a 14% increase, while diluted EPS jumped to $5.31 from $3.75, driven by higher gross margin and operating leverage.

The company opened 37 new stores, ending 2025 with 477 locations in 24 states, generated $716 million in operating cash flow, and repurchased $472 million of stock under a new $1 billion authorization. For 2026, Sprouts expects more moderate growth, guiding to 4.5–6.5% net sales growth, comparable-store sales between -1% and 1%, EBIT of $675–$695 million, and diluted EPS of $5.28–$5.44 on a 52-week basis, plus an estimated $200 million in additional sales from a 53rd week.

Rhea-AI Summary

Sprouts Farmers Market, Inc. reported its third fiscal quarter results for the period ended September 28, 2025. The company announced the news via a press release and posted an accompanying earnings presentation on its investor relations site. These materials were furnished, not filed, under Items 2.02 and 7.01.

The press release and Earnings Presentation are provided as Exhibits 99.1 and 99.2, and an additional Investor Presentation is provided as Exhibit 99.3. The company notes that these exhibits are available on investors.sprouts.com and may be updated. Forward-looking statements in the materials are subject to change, and the company disclaims any obligation to publicly update them.

Rhea-AI Summary

Sprouts Farmers Market, Inc. has entered into a new long-term distribution agreement with KeHE Distributors, LLC, its primary distributor of dry grocery and frozen food products. The new agreement, signed on September 3, 2025, has a ten-year term and replaces the prior distribution agreement dated July 18, 2018.

The contract covers key elements of Sprouts’ supply chain, including product pricing, service level arrangements, product management and distribution procedures, and other ordinary course operational terms governing KeHE’s distribution of products to Sprouts. The company plans to file a redacted version of the full agreement as an exhibit to its Form 10-Q for the quarter ending September 28, 2025.

Rhea-AI Summary

Sprouts Farmers Market, Inc. (SFM) filed a Current Report on Form 8-K noting a material event related to a share repurchase authorization. The filing states that a copy of the company press release about the repurchase authorization is attached as Exhibit 99.1 and is incorporated by reference into the report. No further details such as the size, timing, or terms of the repurchase were provided in the excerpt supplied.