Sprouts Farmers Market, Inc. (SFM) SEC Filings, Oct 2025-Mar 2026

Sprouts Farmers Market, Inc. filed an initial beneficial ownership report for executive Amanda Rassi, who serves as Chief Customer Officer. This Form 3 filing establishes her reporting status as a company officer under insider ownership rules. The filing does not list any specific stock transactions or changes in ownership, indicating it is a baseline disclosure rather than a report of recent buying or selling activity.

Sprouts Farmers Market describes a fast-growing specialty grocer focused on fresh, natural and organic foods. The company operated 477 stores in 24 states as of December 28, 2025, and reported 94,576,393 common shares outstanding as of February 17, 2026.

Sprouts’ long-term plan targets about 10% annual unit growth, supported by a smaller 21,000–25,000 square foot format that is cheaper to build and operate. It opened 37, 33 and 30 new stores in fiscal 2025, 2024 and 2023, and expects more than 40 openings in 2026. The Sprouts Brand private-label portfolio represented just over 25% of revenue in 2025.

Organic products remained central to the model, accounting for more than 30% of total sales and over 50% of fresh produce sales. Sprouts launched more than 7,000 new products in 2025 and continues to emphasize attribute-driven items such as plant-based, gluten-free and non-GMO. Supply chain investments include six fresh distribution centers, with about 80% of stores within 250 miles of a facility, and a transition to self-distribution for meat and seafood serving roughly 70% of stores.

The company highlights sustainability and community impact, including rescuing 36 million pounds of food in 2025 and over $50 million in total donations since 2015 through the Sprouts Healthy Communities Foundation. Human capital remains a focus, with more than 36,000 team members, around 3,700 new jobs created in 2025, and approximately 6,000 internal promotions.

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.

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.

FMR LLC has filed a Schedule 13G reporting a significant passive stake in Sprouts Farmers Market Inc. FMR and Abigail P. Johnson beneficially own 5,492,148.48 shares of Sprouts common stock, representing 5.6% of the class as of the event date.

FMR reports sole voting power over 4,533,802.90 shares and sole dispositive power over 5,492,148.48 shares, with no shared voting or dispositive power. The securities are described as acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Sprouts.

Sprouts Farmers Market, Inc. senior vice president and chief marketing officer Alisa Gmelich reported stock option exercises and related share sales in company stock dated 12/12/2025.

She exercised options to buy 1,505 shares at $32.95 and 1,656 shares at $61.15, then sold 1,505 shares at $79.462 and 1,656 shares at $79.329. After these transactions she beneficially owns 5,552 shares of common stock, consisting of 1,053 shares and 4,499 restricted stock units. The restricted stock units are scheduled to vest on March 14, 2026; evenly over March 19, 2026 and March 19, 2027; and evenly over March 12, 2026, March 12, 2027 and March 12, 2028, assuming continued employment, with additional stock options remaining exercisable or scheduled to vest through March 19, 2027.

Sprouts Farmers Market, Inc. reported insider transactions by its chief merchandising officer on common stock.

On 12/03/2025, the officer exercised stock options for 14,550 shares of common stock at $31.47 per share and 2,921 shares at $61.15 per share, then sold the same total number of common shares at weighted average prices of $85.1883 and $85.2475 per share, respectively. Following these trades, beneficial ownership totaled 14,178 shares, consisting of 8,561 shares of common stock and 5,617 restricted stock units that are scheduled to vest through March 2028, assuming continued employment.

The options for 14,550 shares at $31.47 per share, expiring on 03/15/2029, were fully exercised. Options for 2,921 shares at $61.15 per share, expiring on 03/19/2031, were partially exercised, with 5,840 options remaining and becoming exercisable in equal parts on 03/19/2026 and 03/19/2027, subject to continued employment.

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.

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.